Here's How Much $1000 Invested In McDonald's 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
McDonald's (NYSE:MCD) has outperformed the market over the past 20 years by 5.42% on an annualized basis, producing an average annual return of 13.12%. If an investor had bought $1000 of MCD stock 20 years ago, it would be worth $11,892.12 today.
September 19, 2023 | 3:30 pm
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McDonald's has shown strong performance over the past 20 years, outperforming the market by 5.42% on an annualized basis. An investment in MCD 20 years ago would have yielded significant returns.
The news highlights the strong performance of McDonald's over the past 20 years, which is likely to boost investor confidence in the stock. This could potentially lead to increased demand for MCD shares, positively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100