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

Abbott Laboratories (NYSE:ABT) has outperformed the market over the past 10 years by 2.01% on an annualized basis producing an average annual return of 13.13%. Currently, Abbott Laboratories has a market capitalization of $190.75 billion.

Benzinga · 07/27/2022 12:27

Abbott Laboratories (NYSE:ABT) has outperformed the market over the past 10 years by 2.01% on an annualized basis producing an average annual return of 13.13%. Currently, Abbott Laboratories has a market capitalization of $190.75 billion.

Buying $1000 In ABT: If an investor had bought $1000 of ABT stock 10 years ago, it would be worth $3,418.65 today based on a price of $108.94 for ABT at the time of writing.

Abbott Laboratories's Performance Over Last 10 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.