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If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,100 Today

AbbVie (NYSE:ABBV) has outperformed the market over the past 5 years by 6.43% on an annualized basis producing an average annual return of 16.28%. Currently, AbbVie has a market capitalization of $264.31 billion.

Benzinga · 07/27/2022 12:07

AbbVie (NYSE:ABBV) has outperformed the market over the past 5 years by 6.43% on an annualized basis producing an average annual return of 16.28%. Currently, AbbVie has a market capitalization of $264.31 billion.

Buying $1000 In ABBV: If an investor had bought $1000 of ABBV stock 5 years ago, it would be worth $2,140.47 today based on a price of $149.57 for ABBV at the time of writing.

AbbVie's Performance Over Last 5 Years

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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.