If You Invested $100 In This Stock 5 Years Ago, You Would Have This Much Today
Phillips 66 (NYSE:PSX) has outperformed the market over the past 5 years by 2.31% on an annualized basis producing an average annual return of 16.75%. Currently, Phillips 66 has a market capitalization of $54.76 billion.
Buying $100 In PSX: If an investor had bought $100 of PSX stock 5 years ago, it would be worth $222.98 today based on a price of $134.39 for PSX at the time of writing.
Phillips 66'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