AbbVie (NYSE:ABBV) has outperformed the market over the past 10 years by 2.45% on an annualized basis producing an average annual return of 13.15%. Currently, AbbVie has a market capitalization of $317.49 billion.
Buying $100 In ABBV: If an investor had bought $100 of ABBV stock 10 years ago, it would be worth $348.80 today based on a price of $179.31 for ABBV at the time of writing.
AbbVie'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.
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