If You Invested $100 In This Stock 10 Years Ago, You Would Have $300 Today

Paychex PAYX has outperformed the market over the past 10 years by 1.38% on an annualized basis producing an average annual return of 11.37%. Currently, Paychex has a market capitalization of $45.43 billion.

Buying $100 In PAYX: If an investor had bought $100 of PAYX stock 10 years ago, it would be worth $291.68 today based on a price of $125.76 for PAYX at the time of writing.

Paychex'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.