If You Invested $1000 In This Stock 10 Years Ago, You Would Have This Much Today
Royalty Pharma (NASDAQ:RPRX) has outperformed the market over the past 10 years by 4.93% on an annualized basis producing an average annual return of 16.36%. Currently, Royalty Pharma has a market capitalization of $14.94 billion.
Buying $1000 In RPRX: If an investor had bought $1000 of RPRX stock 10 years ago, it would be worth $4,609.60 today based on a price of $35.45 for RPRX at the time of writing.
Royalty Pharma's Performance Over Last 10 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.
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