If You Invested $1000 In This Stock 20 Years Ago, You Would Have This Much Today

Elevance Health ELV has outperformed the market over the past 20 years by 1.31% on an annualized basis producing an average annual return of 9.7%. Currently, Elevance Health has a market capitalization of $90.56 billion.

Buying $1000 In ELV: If an investor had bought $1000 of ELV stock 20 years ago, it would be worth $6,446.06 today based on a price of $390.47 for ELV at the time of writing.

Elevance Health's Performance Over Last 20 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.