Ciena (NYSE:CIEN) has outperformed the market over the past 10 years by 18.54% on an annualized basis producing an average annual return of 32.08%. Currently, Ciena has a market capitalization of $49.40 billion.
Buying $1000 In CIEN: If an investor had bought $1000 of CIEN stock 10 years ago, it would be worth $16,069.25 today based on a price of $350.71 for CIEN at the time of writing.
Ciena’s Performance Over Last 10 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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