If You Invested $1000 In Ferrari Stock 10 Years Ago, You Would Have This Much Today

Ferrari (NYSE:RACE) has outperformed the market over the past 10 years by 8.78% on an annualized basis producing an average annual return of 22.17%. Currently, Ferrari has a market capitalization of $69.40 billion.

Buying $1000 In RACE: If an investor had bought $1000 of RACE stock 10 years ago, it would be worth $7,343.60 today based on a price of $402.88 for RACE at the time of writing.

Ferrari’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.