Ciena (NYSE:CIEN) has outperformed the market over the past 15 years by 1.32% on an annualized basis producing an average annual return of 13.85%. Currently, Ciena has a market capitalization of $13.99 billion.
Buying $1000 In CIEN: If an investor had bought $1000 of CIEN stock 15 years ago, it would be worth $7,072.99 today based on a price of $98.40 for CIEN 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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