Despite its growth, Nvidia isn't among the top-performing stocks of the last century.
Below, we list the 27 best-performing stocks since 1925, according to Hendrik Bessembinder's.
Yet, data in a recent paper published by Bessembinder shows it still has a ways to go to sit among the top-performing stocks of the last 100 years.
In the paper, Bessembinder looked at over 29,000 US stocks and compiled a list of the 30 stocks with the highest cumulative returns over the last century, assuming a buy-and-hold strategy and the dividends reinvested.
Interestingly, negative returns were a more common outcome than gains, with 51.6% of stocks being in the red.
Persons:
Hendrik Bessembinder's, —, it's, Hendrik Bessembinder, Bessembinder
Organizations:
Nvidia, Service, Arizona State University, Center for Research