Here's How Much $1000 Invested In NetEase 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
NetEase (NASDAQ:NTES) has outperformed the market over the past 20 years by 11.02% on an annualized basis, producing an average annual return of 18.64%. If an investor had bought $1000 of NTES stock 20 years ago, it would be worth $31,608.15 today.
September 13, 2023 | 2:30 pm
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NetEase has shown strong performance over the past 20 years, outperforming the market by 11.02% on an annualized basis. This historical performance may attract long-term investors.
The news highlights the strong historical performance of NetEase, which has outperformed the market by 11.02% on an annualized basis over the past 20 years. This could potentially attract long-term investors, leading to increased demand for the stock and potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100