Abvie ABBV has outperformed the market over the past 10 years by 1.46% on an annualized basis, producing an average annual return of 12.86%. Currently, AbbVie has a market capitalization of $338.87 billion.
Buying $1000 at ABBV: If an investor had bought $1,000 worth of ABBV shares 10 years ago, it would be worth it $3,322.37 today based on a price of $191.90 for ABBV at the time of writing.
AbbVie's performance over the past 10 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.
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