If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,100 Today

AbbVie ABBV has outperformed the market over the past 10 years by 1.41% on an annualized basis producing an average annual return of 12.01%. Currently, AbbVie has a market capitalization of $297.95 billion.

Buying $1000 In ABBV: If an investor had bought $1000 of ABBV stock 10 years ago, it would be worth $3,124.63 today based on a price of $168.73 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.