If You Invested $1000 In This Stock 20 Years Ago, You Would Have $34,000 Today
Portfolio Pulse from Benzinga Insights
Rio Tinto (NYSE:RIO) has outperformed the market over the past 20 years, producing an average annual return of 19.14%. If an investor had bought $1000 of RIO stock 20 years ago, it would be worth $34,032.56 today.
August 11, 2023 | 7:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Rio Tinto's stock has shown strong performance over the past 20 years, with an average annual return of 19.14%. This historical performance may attract investors.
The news highlights the strong historical performance of Rio Tinto's stock. This could potentially attract investors who are looking for stocks with a proven track record of high returns. Therefore, the news is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100