$100 Invested In Baidu 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Baidu (NASDAQ:BIDU) has outperformed the market over the past 15 years, producing an average annual return of 14.92%. If an investor had bought $100 of BIDU stock 15 years ago, it would be worth $806.74 today. The company currently has a market capitalization of $45.60 billion.
August 17, 2023 | 3:30 pm
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Baidu's stock has shown strong performance over the past 15 years, with an average annual return of 14.92%. This historical performance may attract investors looking for long-term growth.
The news highlights Baidu's strong historical performance, which is a key factor for investors when choosing a stock for long-term investment. This positive performance over a long period indicates a well-managed and resilient company, which could lead to increased investor confidence and potentially a rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100