If You Invested $1000 In This Stock 15 Years Ago, You Would Have $5,900 Today

Shopify SHOP has outperformed the market over the past 15 years by 1.88% on an annualized basis producing an average annual return of 12.14%. Currently, Shopify has a market capitalization of $60.09 billion.

Buying $1000 In SHOP: If an investor had bought $1000 of SHOP stock 15 years ago, it would be worth $5,877.67 today based on a price of $46.84 for SHOP at the time of writing.

Shopify'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.