$100 Invested In This Stock 20 Years Ago Would Be Worth $500 Today

Progress Software PRGS has outperformed the market over the past 20 years by 1.0% on an annualized basis producing an average annual return of 9.03%. Currently, Progress Software has a market capitalization of $2.16 billion.

Buying $100 In PRGS: If an investor had bought $100 of PRGS stock 20 years ago, it would be worth $532.18 today based on a price of $49.62 for PRGS at the time of writing.

Progress Software's Performance Over Last 20 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.