If You Invested $1000 In This Stock 5 Years Ago, You Would Have $3,000 Today

Ameriprise Finl AMP has outperformed the market over the past 5 years by 11.43% on an annualized basis producing an average annual return of 24.43%. Currently, Ameriprise Finl has a market capitalization of $42.88 billion.

Buying $1000 In AMP: If an investor had bought $1000 of AMP stock 5 years ago, it would be worth $2,955.78 today based on a price of $435.77 for AMP at the time of writing.

Ameriprise Finl's Performance Over Last 5 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.