Carnival CCL has outperformed the market over the past 5 years by 3.76% on an annualized basis producing an average annual return of 17.84%. Currently, Carnival has a market capitalization of $40.27 billion.
Buying $1000 In CCL: If an investor had bought $1000 of CCL stock 5 years ago, it would be worth $2,139.77 today based on a price of $29.70 for CCL at the time of writing.
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Carnival’s Performance Over Last 5 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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Great Job Benzinga Insights & the Team @ Benzinga – Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals Source link for sharing this story.