If You Invested $1000 In This Stock 5 Years Ago, You Would Have This Much Today
Baker Hughes (NASDAQ:BKR) has outperformed the market over the past 5 years by 7.12% on an annualized basis producing an average annual return of 21.64%. Currently, Baker Hughes has a market capitalization of $39.90 billion.
Buying $1000 In BKR: If an investor had bought $1000 of BKR stock 5 years ago, it would be worth $2,665.12 today based on a price of $40.27 for BKR at the time of writing.
Baker Hughes's Performance Over Last 5 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