$1000 Invested In This Stock 5 Years Ago, Would Be Worth This Much

Benzinga2022-01-15

HP (NYSE:HPQ) has outperformed the market over the past 5 years by 5.89% on an annualized basis.

Buying $1,000 In HPQ: 5 years ago, an investor could have purchased 68.59 shares of HP at the time with $1,000. This investment in HPQ would have produced an average annual return of 21.24%. Currently, HP has a market capitalization of $41.37 billion.

HP's Share Price Over Last 5 Years

If you had invested $1,000 in HP you would have approximately $2,619.68 today.

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.

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

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Comments

  • SEL
    2022-01-15
    SEL
    Good to know, esp when i work in HP ;)
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