“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”
— Warren Buffett
The Warren Buffett investment philosophy calls for a long-term investment horizon, where a ten year holding period, or even longer, would fit right into the strategy. How would such a strategy have worked out for an investment into Catalent Inc (NYSE: CTLT)? Today, we examine the outcome of a ten year investment into the stock back in 2014.
| Start date: | 09/17/2014 |
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| End date: | 09/16/2024 | ||||
| Start price/share: | $24.31 | ||||
| End price/share: | $60.16 | ||||
| Starting shares: | 411.35 | ||||
| Ending shares: | 411.35 | ||||
| Dividends reinvested/share: | $0.00 | ||||
| Total return: | 147.47% | ||||
| Average annual return: | 9.48% | ||||
| Starting investment: | $10,000.00 | ||||
| Ending investment: | $24,749.33 | ||||
As we can see, the ten year investment result worked out well, with an annualized rate of return of 9.48%. This would have turned a $10K investment made 10 years ago into $24,749.33 today (as of 09/16/2024). On a total return basis, that’s a result of 147.47% (something to think about: how might CTLT shares perform over the next 10 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]
Here’s one more great investment quote before you go:
“October is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.” — Mark Twain
