Here's How Much You Would Have Made Owning Kroger Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Kroger (NYSE:KR) has outperformed the market over the past 20 years, producing an average annual return of 8.81%. If an investor had bought $1000 of KR stock 20 years ago, it would be worth $5,541.47 today. The company currently has a market capitalization of $33.57 billion.
June 27, 2023 | 9:30 pm
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NEUTRAL IMPACT
Kroger's stock has shown strong performance over the past 20 years, outperforming the market with an average annual return of 8.81%. This historical performance may attract investors looking for long-term investments.
The news highlights the strong historical performance of Kroger's stock, which has outperformed the market over the past 20 years. This could potentially attract investors looking for long-term investments, but it doesn't necessarily indicate future performance. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100