Morningstar (NASDAQ:MORN) has outperformed the market over the past 20 years by 20.19% on an annualized basis producing an average annual return of 29.23%. Currently, Morningstar has a market capitalization of $9.76 billion.
Buying $1000 In MORN: If an investor had bought $1000 of MORN stock 20 years ago, it would be worth $169,491.27 today based on a price of $228.22 for MORN at the time of writing.
Morningstar'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.
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