AutoZone (NYSE:AZO) has outperformed the market over the past 10 years by 6.35% on an annualized basis producing an average annual return of 19.1%. Currently, AutoZone has a market capitalization of $70.21 billion.
Buying $100 In AZO: If an investor had bought $100 of AZO stock 10 years ago, it would be worth $587.52 today based on a price of $4197.09 for AZO at the time of writing.
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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