$100 Invested In Fomento Economico 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Fomento Economico (NYSE:FMX) has outperformed the market over the past 20 years by 4.16% on an annualized basis, producing an average annual return of 11.62%. If an investor had bought $100 of FMX stock 20 years ago, it would be worth $901.52 today.
October 16, 2023 | 9:00 pm
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POSITIVE IMPACT
Fomento Economico has shown strong performance over the past 20 years, outperforming the market by 4.16% on an annualized basis. This historical performance may attract investors.
The news highlights the strong historical performance of Fomento Economico, which has outperformed the market over the past 20 years. This could potentially attract investors who are looking for stocks with a proven track record of strong returns. Therefore, this news is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100