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$1000 Invested In ABB 20 Years Ago Would Be Worth This Much Today

ABB (NYSE:ABB) has outperformed the market over the past 20 years by 2.23% on an annualized basis producing an average annual return of 10.31%. Currently, ABB has a market capitalization of $54.58 billion.

Benzinga · 07/27/2022 12:41

ABB (NYSE:ABB) has outperformed the market over the past 20 years by 2.23% on an annualized basis producing an average annual return of 10.31%. Currently, ABB has a market capitalization of $54.58 billion.

Buying $1000 In ABB: If an investor had bought $1000 of ABB stock 20 years ago, it would be worth $5,945.95 today based on a price of $28.48 for ABB at the time of writing.

ABB's Performance Over Last 20 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.