If You Invested $1000 In This Stock 10 Years Ago, You Would Have $7,800 Today

Veeva Systems VEEV has outperformed the market over the past 10 years by 11.81% on an annualized basis producing an average annual return of 23.18%. Currently, Veeva Systems has a market capitalization of $34.01 billion.

Buying $1000 In VEEV: If an investor had bought $1000 of VEEV stock 10 years ago, it would be worth $7,849.39 today based on a price of $210.00 for VEEV at the time of writing.

Veeva Systems'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.