If You Invested $1000 In This Stock 20 Years Ago, You Would Have $5,700 Today

Amgen AMGN has outperformed the market over the past 20 years by 1.07% on an annualized basis producing an average annual return of 9.12%. Currently, Amgen has a market capitalization of $168.02 billion.

Buying $1000 In AMGN: If an investor had bought $1000 of AMGN stock 20 years ago, it would be worth $5,696.80 today based on a price of $313.21 for AMGN at the time of writing.

Amgen's Performance Over Last 20 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.