If You Invested $1000 In This Stock 20 Years Ago, You Would Have This Much Today

AutoZone (NYSE:AZO) has outperformed the market over the past 20 years by 11.99% on an annualized basis producing an average annual return of 20.26%. Currently, AutoZone has a market capitalization of $61.69 billion.

Buying $1000 In AZO: If an investor had bought $1000 of AZO stock 20 years ago, it would be worth $40,263.89 today based on a price of $3688.57 for AZO at the time of writing.

AutoZone's Performance Over Last 20 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.