Here's How Much You Would Have Made Owning Nasdaq Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Nasdaq (NASDAQ:NDAQ) has produced an average annual return of 15.62%, outperforming the market by 8.11% on an annualized basis. With a current market capitalization of $30.86 billion, a $1000 investment in NDAQ 20 years ago would be worth $18,333.90 today. The article highlights the impact of compounded returns on investment growth over time.
November 20, 2023 | 5:30 pm
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Nasdaq's stock has significantly outperformed the market over the last 20 years, with a $1000 investment growing to $18,333.90, reflecting the power of compounded returns.
The historical performance of NDAQ is impressive and highlights the company's strong past returns, which may positively influence investor sentiment and potentially attract long-term investors. However, past performance is not indicative of future results, and this retrospective analysis may have a limited impact on short-term price movements.
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