Here's How Much $100 Invested In Canadian National Railway 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Canadian National Railway (NYSE:CNI) has produced an average annual return of 13.05%, outperforming the market by 5.53% on an annualized basis. A $100 investment in CNI 20 years ago would be worth $1,168.95 today. The company's current market capitalization stands at $74.69 billion.
November 20, 2023 | 7:00 pm
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Canadian National Railway has shown strong performance with a 13.05% average annual return over the past 20 years, turning a $100 investment into $1,168.95.
The historical performance of Canadian National Railway indicates a strong track record of growth, which may instill confidence in investors about the company's future prospects. The significant appreciation of investment value over time highlights the company's potential for continued growth, which could positively influence investor sentiment and the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100