Here's How Much $1000 Invested In Diamondback Energy 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Diamondback Energy (NASDAQ:FANG) has outperformed the market over the past 10 years by 2.89% on an annualized basis, producing an average annual return of 13.3%. If an investor had bought $1000 of FANG stock 10 years ago, it would be worth $3,412.53 today.
July 31, 2023 | 4:00 pm
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Diamondback Energy's stock has shown strong performance over the past 10 years, outperforming the market by 2.89% on an annualized basis.
The article highlights the strong performance of Diamondback Energy's stock over the past 10 years. This positive performance is likely to boost investor confidence in the stock, potentially leading to increased demand and a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100