$1000 Invested In This Stock 10 Years Ago Would Be Worth $10,000 Today

IDEXX Laboratories IDXX has outperformed the market over the past 10 years by 16.33% on an annualized basis producing an average annual return of 26.2%. Currently, IDEXX Laboratories has a market capitalization of $43.48 billion.

Buying $1000 In IDXX: If an investor had bought $1000 of IDXX stock 10 years ago, it would be worth $10,115.36 today based on a price of $523.47 for IDXX at the time of writing.

IDEXX Laboratories's Performance Over Last 10 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.