If You Invested $100 In Shopify Stock 10 Years Ago, You Would Have This Much Today

Shopify (NASDAQ:SHOP) has outperformed the market over the past 10 years by 39.0% on an annualized basis producing an average annual return of 52.02%. Currently, Shopify has a market capitalization of $192.44 billion.

Buying $100 In SHOP: If an investor had bought $100 of SHOP stock 10 years ago, it would be worth $6,674.69 today based on a price of $148.07 for SHOP at the time of writing.

Shopify'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.