$1000 Invested In Ross Stores 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Ross Stores (NASDAQ:ROST) has outperformed the market over the past 20 years by 4.2% on an annualized basis, producing an average annual return of 11.46%. If an investor had bought $1000 of ROST stock 20 years ago, it would be worth $8,837.98 today.
November 02, 2023 | 2:30 pm
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Ross Stores has shown strong performance over the past 20 years, outperforming the market by 4.2% on an annualized basis. A $1000 investment 20 years ago would be worth $8,837.98 today.
The news highlights the strong performance of Ross Stores over the past 20 years, which is likely to boost investor confidence in the stock. This could potentially lead to increased demand for the stock, pushing its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100