If You Invested $100 In Axon Enterprise Stock 5 Years Ago, You Would Have This Much Today

Axon Enterprise (NASDAQ:AXON) has outperformed the market over the past 5 years by 7.8% on an annualized basis producing an average annual return of 19.82%. Currently, Axon Enterprise has a market capitalization of $34.91 billion.

Buying $100 In AXON: If an investor had bought $100 of AXON stock 5 years ago, it would be worth $246.94 today based on a price of $439.49 for AXON at the time of writing.

Axon Enterprise'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.