$1000 Invested In This Stock 20 Years Ago Would Be Worth $7,100 Today

Wipro WIT has outperformed the market over the past 20 years by 2.32% on an annualized basis producing an average annual return of 10.21%. Currently, Wipro has a market capitalization of $26.26 billion.

Buying $1000 In WIT: If an investor had bought $1000 of WIT stock 20 years ago, it would be worth $7,105.57 today based on a price of $5.04 for WIT at the time of writing.

Wipro'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.