$1000 Invested In AutoZone 15 Years Ago Would Be Worth This Much Today

AutoZone (NYSE:AZO) has outperformed the market over the past 15 years by 6.8% on an annualized basis producing an average annual return of 18.84%. Currently, AutoZone has a market capitalization of $57.97 billion.

Buying $1000 In AZO: If an investor had bought $1000 of AZO stock 15 years ago, it would be worth $13,312.91 today based on a price of $3485.16 for AZO at the time of writing.

AutoZone'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.