If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,300 Today

AbbVie ABBV has outperformed the market over the past 10 years by 2.42% on an annualized basis producing an average annual return of 12.35%. Currently, AbbVie has a market capitalization of $286.32 billion.

Buying $1000 In ABBV: If an investor had bought $1000 of ABBV stock 10 years ago, it would be worth $3,254.87 today based on a price of $162.17 for ABBV at the time of writing.

AbbVie'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.