$1000 Invested In Archer-Daniels Midland 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Archer-Daniels Midland (NYSE:ADM) has outperformed the market over the past 20 years, producing an average annual return of 9.55%. If an investor had bought $1000 of ADM stock 20 years ago, it would be worth $6,228.85 today. The company currently has a market capitalization of $44.21 billion.
August 16, 2023 | 3:30 pm
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POSITIVE IMPACT
Archer-Daniels Midland has shown strong performance over the past 20 years, outperforming the market and providing an average annual return of 9.55%. This historical performance may attract investors.
The news highlights the strong historical performance of Archer-Daniels Midland, which has outperformed the market over the past 20 years. This could potentially attract investors who are looking for stable and high-performing stocks, thereby driving up the demand and price of ADM shares in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100