$100 Invested In This Stock 20 Years Ago Would Be Worth $1,700 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Nike (NYSE:NKE) has outperformed the market by 7.51% on an annualized basis, producing an average annual return of 15.12%. If an investor had bought $100 of NKE stock 20 years ago, it would be worth $1,672.46 today.
June 28, 2023 | 4:01 pm
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Nike's stock has shown strong performance over the past 20 years, outperforming the market by 7.51% on an annualized basis. An investment of $100 in NKE 20 years ago would be worth $1,672.46 today.
The article highlights the strong performance of Nike's stock over the past 20 years. This historical performance indicates a strong and stable growth, which is a positive signal for potential investors. Therefore, the impact on the stock is likely to be positive in the short term.
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