If You Invested $1000 In This Stock 15 Years Ago, You Would Have $16,000 Today

Elevance Health ELV has outperformed the market over the past 15 years by 7.71% on an annualized basis producing an average annual return of 19.95%. Currently, Elevance Health has a market capitalization of $108.15 billion.

Buying $1000 In ELV: If an investor had bought $1000 of ELV stock 15 years ago, it would be worth $15,634.51 today based on a price of $460.28 for ELV at the time of writing.

Elevance Health'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.