If You Invested $1000 In This Stock 15 Years Ago, You Would Have $56,000 Today

Old Dominion Freight Line ODFL has outperformed the market over the past 15 years by 19.11% on an annualized basis producing an average annual return of 31.3%. Currently, Old Dominion Freight Line has a market capitalization of $42.64 billion.

Buying $1000 In ODFL: If an investor had bought $1000 of ODFL stock 15 years ago, it would be worth $56,096.70 today based on a price of $390.82 for ODFL at the time of writing.

Old Dominion Freight Line'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.