If You Invested $1000 In This Stock 10 Years Ago, You Would Have $2,900 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Starbucks (NASDAQ:SBUX) has outperformed the market by 1.07% on an annualized basis, producing an average annual return of 11.34%. If an investor had bought $1000 of SBUX stock 10 years ago, it would be worth $2,922.48 today.
July 12, 2023 | 4:30 pm
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Starbucks has shown strong performance over the past decade, outperforming the market by 1.07% on an annualized basis. An investment of $1000 in SBUX 10 years ago would be worth $2,922.48 today.
The article highlights the strong performance of Starbucks over the past decade. This historical performance could attract new investors and potentially drive the stock price up in the short term.
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