$100 Invested In This Stock 20 Years Ago Would Be Worth $1,300 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, McDonald's (NYSE:MCD) has outperformed the market by 5.87% on an annualized basis, producing an average annual return of 13.59%. If an investor had bought $100 of MCD stock 20 years ago, it would be worth $1,250.87 today.
August 14, 2023 | 2:30 pm
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McDonald's has shown strong performance over the past 20 years, outperforming the market and providing an average annual return of 13.59%.
The news highlights the strong historical performance of McDonald's, which has consistently outperformed the market over the past 20 years. This could potentially attract more investors, driving up the demand and price of the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100