Novo Nordisk (NYSE:NVO) has outperformed the market over the past 5 years by 9.53% on an annualized basis.
Buying $100 In NVO: 5 years ago, an investor could have purchased 2.78 shares of Novo Nordisk at the time with $100. This investment in NVO would have produced an average annual return of 25.65%. Currently, Novo Nordisk has a market capitalization of $256.57 billion.
Novo Nordisk’s Share Price Over Last 5 Years
If you had invested $100 in Novo Nordisk you would have approximately $313.20 today.
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.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.