$1,000 invested in this stock 20 years ago would be worth $8,800 today – Gilead Sciences (NASDAQ:GILD)

Gilead Sciences BROWN has outperformed the market over the past 20 years by an annualized 3.1%, producing an average annual return of 11.54%. Currently, Gilead Sciences has a market capitalization of $104.43 billion.

Buying $1000 in GILD: If an investor had bought $1,000 worth of GILD stock 20 years ago, it would be worth it $8,831.14 today based on a price of $83.88 for GILD at the time of writing.

Gilead Sciences performance over the past 20 years

Finally, what's the point of all this? The key insight to take away from this article is to look at how much difference compounding returns can make to your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.