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If You Invested $1000 In This Stock 10 Years Ago, You Would Have $4,800 Today

Ameriprise Financial (NYSE:AMP) has outperformed the market over the past 10 years by 5.99% on an annualized basis producing an average annual return of 17.13%. Currently, Ameriprise Financial has a market capitalization of $27.63 billion.

Benzinga · 07/27/2022 14:11

Ameriprise Financial (NYSE:AMP) has outperformed the market over the past 10 years by 5.99% on an annualized basis producing an average annual return of 17.13%. Currently, Ameriprise Financial has a market capitalization of $27.63 billion.

Buying $1000 In AMP: If an investor had bought $1000 of AMP stock 10 years ago, it would be worth $4,813.33 today based on a price of $251.40 for AMP at the time of writing.

Ameriprise Financial'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.