$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,600 Today
Portfolio Pulse from Benzinga Insights
NetEase (NASDAQ:NTES) has delivered an average annual return of 21.24% over the past 5 years, outperforming the market by 9.7% annually. A $1000 investment in NTES 5 years ago would be worth $2,619.93 today. NetEase currently has a market cap of $76.29 billion.
November 20, 2023 | 8:00 pm
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NetEase has significantly outperformed the market with a 21.24% average annual return over the past 5 years, with a $1000 investment growing to $2,619.93.
The historical performance of NetEase is likely to instill confidence in investors, potentially attracting more interest in the stock. The impressive return over the past 5 years showcases the company's strong performance and may lead to a positive short term impact on the stock price as investors might perceive the company as a solid long-term investment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100