$1000 Invested In This Stock 20 Years Ago Would Be Worth $9,900 Today
Portfolio Pulse from Benzinga Insights
Fomento Economico (NYSE:FMX) has outperformed the market over the past 20 years, producing an average annual return of 12.07%. If an investor had bought $1000 of FMX stock 20 years ago, it would be worth $9,909.22 today. The company currently has a market capitalization of $216.41 billion.
November 06, 2023 | 9:30 pm
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POSITIVE IMPACT
Fomento Economico has shown strong performance over the past 20 years, outperforming the market with an average annual return of 12.07%. 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