Prologis PLD has outperformed the market over the past 10 years by 2.64% on an annualized basis producing an average annual return of 13.35%. Currently, Prologis has a market capitalization of $93.78 billion.
Buying $100 In PLD: If an investor had bought $100 of PLD stock 10 years ago, it would be worth $354.41 today based on a price of $126.67 for PLD at the time of writing.
Prologis’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.
Image and article originally from www.benzinga.com. Read the original article here.