$100 Invested In Adobe 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Adobe (NASDAQ:ADBE) has outperformed the market over the past 20 years, producing an average annual return of 18.75%. If an investor had bought $100 of ADBE stock 20 years ago, it would be worth $3,158.34 today. Adobe currently has a market capitalization of $234.61 billion.
July 26, 2023 | 4:00 pm
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Adobe's stock has shown strong performance over the past 20 years, with an average annual return of 18.75%. This historical performance may attract investors looking for long-term growth.
The news highlights Adobe's strong historical performance, which could attract investors looking for long-term growth. This could potentially increase demand for Adobe's stock, leading to a positive impact on its price in the short term.
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