$1000 Invested In This Stock 20 Years Ago Would Be Worth $17,000 Today

Comments
Loading...

McKesson MCK has outperformed the market over the past 20 years by 7.24% on an annualized basis producing an average annual return of 15.41%. Currently, McKesson has a market capitalization of $77.49 billion.

Buying $1000 In MCK: If an investor had bought $1000 of MCK stock 20 years ago, it would be worth $17,420.51 today based on a price of $596.13 for MCK at the time of writing.

McKesson's Performance Over Last 20 Years

comp_fig

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.

Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!