If You Invested $1000 In This Stock 10 Years Ago, You Would Have $5,900 Today

Novo Nordisk NVO has outperformed the market over the past 10 years by 8.61% on an annualized basis producing an average annual return of 19.4%. Currently, Novo Nordisk has a market capitalization of $601.40 billion.

Buying $1000 In NVO: If an investor had bought $1000 of NVO stock 10 years ago, it would be worth $5,935.89 today based on a price of $135.07 for NVO at the time of writing.

Novo Nordisk'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.