If You Invested $1000 In This Stock 20 Years Ago, You Would Have $8,000 Today

Corning GLW has outperformed the market over the past 20 years by 3.93% on an annualized basis producing an average annual return of 11.48%. Currently, Corning has a market capitalization of $27.89 billion.

Buying $1000 In GLW: If an investor had bought $1000 of GLW stock 20 years ago, it would be worth $8,043.90 today based on a price of $32.98 for GLW at the time of writing.

Corning'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.