$1000 Invested In This Stock 20 Years Ago Would Be Worth $28,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, AutoZone (NYSE:AZO) has delivered an average annual return of 18.06%, outperforming the market. A $1000 investment in AZO 20 years ago would now be worth $27,887.43. AutoZone's market cap stands at $46.87 billion.
November 16, 2023 | 9:30 pm
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AutoZone has significantly outperformed the market with an 18.06% average annual return over the past 20 years, turning a $1000 investment into $27,887.43 today.
The historical performance of AutoZone is impressive and highlights the company's strong past returns. However, past performance does not guarantee 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 reflecting on the benefits of compounded returns rather than actionable data for short-term trading.
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