Here's How Much $1000 Invested In Nike 15 Years Ago Would Be Worth Today

Nike (NYSE:NKE) has outperformed the market over the past 15 years by 7.02% on an annualized basis producing an average annual return of 14.45%. Currently, Nike has a market capitalization of $196.77 billion.

Buying $1000 In NKE: If an investor had bought $1000 of NKE stock 15 years ago, it would be worth $7,645.27 today based on a price of $128.02 for NKE at the time of writing.

Nike's Performance Over Last 15 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.

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