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Deere DE has outperformed the market over the past 15 years by 4.99% on an annualized basis producing an average annual return of 11.48%. Currently, Deere has a market capitalization of $109.46 billion.
Buying $1000 In DE: If an investor had bought $1000 of DE stock 15 years ago, it would be worth $4,976.88 today based on a price of $362.68 for DE at the time of writing.
Deere’s Performance Over Last 15 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.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.