Nike NKE has outperformed the market over the past 15 years by 3.41% on an annualized basis producing an average annual return of 13.65%. Currently, Nike has a market capitalization of $145.15 billion.
Buying $100 In NKE: If an investor had bought $100 of NKE stock 15 years ago, it would be worth $654.54 today based on a price of $94.87 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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