Abiomed ABMD has outperformed the market over the past 15 years by 18.87% on an annualized basis producing an average annual return of 25.88%. Currently, Abiomed has a market capitalization of $17.04 billion.
Buying $1000 In ABMD: If an investor had bought $1000 of ABMD stock 15 years ago, it would be worth $31,567.25 today based on a price of $377.86 for ABMD at the time of writing.
Abiomed’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.