2023-01-25 20:30:55

Here's How Much You Would Have Made Owning Abbott Laboratories Stock In The Last 10 Years

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Benzinga
By Benzinga Insights

Abbott Laboratories ABT has outperformed the market over the past 10 years by 2.47% on an annualized basis producing an average annual return of 12.73%. Currently, Abbott Laboratories has a market capitalization of $192.72 billion.

Buying $100 In ABT: If an investor had bought $100 of ABT stock 10 years ago, it would be worth $334.89 today based on a price of $110.53 for ABT at the time of writing.

Abbott Laboratories's Performance Over Last 10 Years

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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