Here's How Much You Would Have Made Owning Novo Nordisk Stock In The Last 10 Years

Novo Nordisk (NYSE:NVO) has outperformed the market over the past 10 years by 6.26% on an annualized basis producing an average annual return of 17.86%. Currently, Novo Nordisk has a market capitalization of $520.12 billion.

Buying $100 In NVO: If an investor had bought $100 of NVO stock 10 years ago, it would be worth $522.60 today based on a price of $116.86 for NVO at the time of writing.

Novo Nordisk'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.