$1000 Invested In Novanta 15 Years Ago Would Be Worth This Much Today
Novanta (NASDAQ:NOVT) has outperformed the market over the past 15 years by 7.55% on an annualized basis producing an average annual return of 21.3%. Currently, Novanta has a market capitalization of $5.97 billion.
Novanta grew much faster than most companies for 15 years, more than doubling what you'd expect from an average investment. When you see a company with a long track record like this, it hints the business has done things right—though past success doesn't guarantee what happens next.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.