If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,800 Today
Portfolio Pulse from Benzinga Insights
Diamondback Energy (NASDAQ:FANG) has outperformed the market over the past 10 years, producing an average annual return of 14.19%. If an investor had bought $1000 of FANG stock 10 years ago, it would be worth $3,761.88 today. The company currently has a market capitalization of $26.47 billion.
August 16, 2023 | 4:00 pm
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Diamondback Energy's stock has shown strong performance over the past 10 years, outperforming the market with an average annual return of 14.19%. This historical performance may attract investors looking for steady growth.
The news highlights the strong historical performance of Diamondback Energy's stock, which has outperformed the market over the past 10 years. This could potentially attract more investors to the stock, driving up demand and potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100