LGI Homes (NASDAQ:LGIH) has outperformed the market over the past 10 years by 11.15% on an annualized basis producing an average annual return of 21.82%. Currently, LGI Homes has a market capitalization of $2.87 billion.
Buying $100 In LGIH: If an investor had bought $100 of LGIH stock 10 years ago, it would be worth $710.37 today based on a price of $121.90 for LGIH at the time of writing.
LGI Homes'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.