Here's How Much $100 Invested In Archer-Daniels Midland 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Archer-Daniels Midland (NYSE:ADM) has delivered an average annual return of 8.64% over the past 20 years, outperforming the market by 1.15% annually. A $100 investment in ADM 20 years ago would be worth $517.71 today. The company's current market capitalization stands at $39.87 billion.
November 16, 2023 | 2:00 pm
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Archer-Daniels Midland has shown strong long-term performance with an 8.64% average annual return over 20 years, significantly growing a $100 investment to $517.71.
The historical performance data of Archer-Daniels Midland suggests a strong track record of returns, which could instill confidence in investors about the company's stability and potential for continued growth. This positive long-term performance is likely to have a favorable impact on investor sentiment and could lead to an increase in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100