$100 Invested In NetEase 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, NetEase (NASDAQ:NTES) has outperformed the market by 12.75% on an annualized basis, producing an average annual return of 23.03%. If an investor had bought $100 of NTES stock 10 years ago, it would be worth $803.51 today. NetEase currently has a market capitalization of $67.94 billion.
July 14, 2023 | 8:30 pm
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NetEase has shown strong performance over the past decade, outperforming the market and providing an average annual return of 23.03%. This historical performance may attract investors.
The article highlights the strong performance of NetEase over the past 10 years, which has outperformed the market by 12.75% on an annualized basis. This historical performance is likely to be seen as a positive signal by investors, potentially leading to increased demand for the stock and upward pressure on its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100