$1,000 invested in Shopify 15 years ago would be worth the same today

Over the past 15 years, Shopify (NYSE:SHOP) has outperformed the market by 3.82% annualized, achieving an average annual return of 16.66%. Shopify currently has a market cap of $86.42 billion.

I buy for $1000 in the SHOP: If an investor had bought SHOP shares for $1,000 15 years ago, they would have been worth $10,026.16 today, at $67.08 per SHOP at the time of this writing.

Shopify’s Performance Over the Last 15 Years

Finally, what’s the point of all this? The key takeaway from this article is to see how much of a difference compounding returns can make to your cash growth over a period of time.

This article was generated by Benzinga’s automated content creation engine and reviewed by an editor.