$1000 Invested In This Stock 20 Years Ago Would Be Worth This Much Today

Western Digital WDC has outperformed the market over the past 20 years by 1.18% on an annualized basis producing an average annual return of 9.66%. Currently, Western Digital has a market capitalization of $23.39 billion.

Buying $1000 In WDC: If an investor had bought $1000 of WDC stock 20 years ago, it would be worth $6,102.09 today based on a price of $67.25 for WDC at the time of writing.

Western Digital'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.