$1000 Invested In Starbucks 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Starbucks (NASDAQ:SBUX) has outperformed the market over the past 20 years by 6.19% on an annualized basis, producing an average annual return of 13.9%. If an investor had bought $1000 of SBUX stock 20 years ago, it would be worth $13,744.74 today.
September 04, 2023 | 2:30 pm
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Starbucks has shown strong performance over the past 20 years, outperforming the market by 6.19% on an annualized basis. This historical performance may attract long-term investors.
The news highlights the strong historical performance of Starbucks, which has outperformed the market over the past 20 years. This could potentially attract long-term investors, leading to an increase in demand for the stock and a positive impact on its price in the short term.
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IMPORTANCE 80
RELEVANCE 100