Old Dominion Freight Line (NASDAQ:ODFL) has outperformed the market over the past 20 years by 11.57% on an annualized basis producing an average annual return of 20.66%. Currently, Old Dominion Freight Line has a market capitalization of $42.45 billion.
Buying $100 In ODFL: If an investor had bought $100 of ODFL stock 20 years ago, it would be worth $4,342.22 today based on a price of $204.13 for ODFL at the time of writing.
Old Dominion Freight Line's Performance Over Last 20 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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