If You Invested $1000 In This Stock 10 Years Ago, You Would Have $2,800 Today

Ciena (NYSE:CIEN) has outperformed the market over the past 10 years by 1.05% on an annualized basis producing an average annual return of 11.91%. Currently, Ciena has a market capitalization of $8.19 billion.

Buying $1000 In CIEN: If an investor had bought $1000 of CIEN stock 10 years ago, it would be worth $2,788.37 today based on a price of $57.00 for CIEN at the time of writing.

Ciena'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.