$100 Invested In This Stock 20 Years Ago Would Be Worth $1,100 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Fomento Economico (NYSE:FMX) has produced an average annual return of 12.74%, outperforming the market. A $100 investment in FMX 20 years ago would be worth $1,106.41 today. The company's current market capitalization is $226.32 billion.
November 16, 2023 | 8:30 pm
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NEUTRAL IMPACT
Fomento Economico (FMX) has delivered a strong performance with an average annual return of 12.74% over the past 20 years, turning a $100 investment into $1,106.41.
The historical performance of FMX is impressive and demonstrates the power of compounded returns over time. However, past performance is not indicative of future results, and this retrospective analysis may not have a direct short-term impact on the stock price. The information is more relevant for long-term investors rather than short-term traders.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100