If You Invested $100 In This Stock 15 Years Ago, You Would Have $600 Today
Portfolio Pulse from Benzinga Insights
Nike (NYSE:NKE) has outperformed the market over the past 15 years, producing an average annual return of 12.97%. If an investor had bought $100 of NKE stock 15 years ago, it would be worth $619.36 today.
June 12, 2023 | 5:01 pm
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Nike has produced an average annual return of 12.97% over the past 15 years, outperforming the market by 4.94% on an annualized basis.
The article highlights Nike's strong historical performance, but it does not provide any new information or catalysts that would directly impact the stock price in the short term. The focus is on the long-term performance and the power of compounded returns.
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