If You Invested $1000 In This Stock 20 Years Ago, You Would Have $14,000 Today
Portfolio Pulse from Benzinga Insights
BlackRock (NYSE:BLK) has outperformed the market over the past 20 years, producing an average annual return of 14.12%. If an investor had bought $1000 of BLK stock 20 years ago, it would be worth $14,373.76 today.
May 24, 2023 | 4:30 pm
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BlackRock has generated an average annual return of 14.12% over the past 20 years, turning a $1000 investment into $14,373.76 today.
The article highlights BlackRock's historical performance, which is not a direct indicator of future performance. However, it showcases the company's ability to generate returns for investors over a long period. The short-term impact on the stock price is neutral as the information is not new or unexpected.
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