Amgen AMGN has outperformed the market over the past 15 years by 3.82% on an annualized basis producing an average annual return of 11.31%. Currently, Amgen has a market capitalization of $132.87 billion.
Buying $100 In AMGN: If an investor had bought $100 of AMGN stock 15 years ago, it would be worth $495.99 today based on a price of $248.39 for AMGN at the time of writing.
Amgen’s Performance Over Last 15 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.
Image and article originally from www.benzinga.com. Read the original article here.