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Equinix EQIX has outperformed the market over the past 10 years by 3.3% on an annualized basis producing an average annual return of 14.95%. Currently, Equinix has a market capitalization of $64.69 billion.
Buying $1000 In EQIX: If an investor had bought $1000 of EQIX stock 10 years ago, it would be worth $4,058.36 today based on a price of $710.70 for EQIX at the time of writing.
Equinix’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.
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.