If You Invested $100 In This Stock 15 Years Ago, You Would Have This Much Today

Shopify (NASDAQ:SHOP) has outperformed the market over the past 15 years by 11.43% on an annualized basis producing an average annual return of 23.7%. Currently, Shopify has a market capitalization of $161.04 billion.

Buying $100 In SHOP: If an investor had bought $100 of SHOP stock 15 years ago, it would be worth $2,445.34 today based on a price of $124.13 for SHOP at the time of writing.

Shopify'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.