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

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$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.

You can check out Benzinga's market data in an enhanced view on Benzinga Pro

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

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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