If You Invested $100 In This Stock 10 Years Ago, You Would Have $1,000 Today

IDEXX Laboratories IDXX has outperformed the market over the past 10 years by 16.17% on an annualized basis producing an average annual return of 26.17%. Currently, IDEXX Laboratories has a market capitalization of $44.85 billion.

Buying $100 In IDXX: If an investor had bought $100 of IDXX stock 10 years ago, it would be worth $1,028.67 today based on a price of $539.98 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.