Federal National Mortgage (OTC:FNMA) has outperformed the market over the past 10 years by 3.48% on an annualized basis producing an average annual return of 16.06%. Currently, Federal National Mortgage has a market capitalization of $9.60 billion.
Buying $1000 In FNMA: If an investor had bought $1000 of FNMA stock 10 years ago, it would be worth $4,592.80 today based on a price of $8.29 for FNMA at the time of writing.
Federal National Mortgage'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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