Here's How Much $1000 Invested In SBA Communications 20 Years Ago Would Be Worth Today
SBA Communications (NASDAQ:SBAC) has outperformed the market over the past 20 years by 7.93% on an annualized basis producing an average annual return of 16.26%. Currently, SBA Communications has a market capitalization of $24.66 billion.
Buying $1000 In SBAC: If an investor had bought $1000 of SBAC stock 20 years ago, it would be worth $21,046.26 today based on a price of $229.48 for SBAC at the time of writing.
SBA Communications'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.
Posted-In: BZI-PODNews Trading Ideas