$1000 Invested In Adobe 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Adobe (NASDAQ:ADBE) has produced an average annual return of 24.33%, outperforming the market by 12.87% on an annualized basis. A $1000 investment in Adobe 15 years ago would be worth $27,311.33 today. Adobe's current market capitalization stands at $278.79 billion.
November 21, 2023 | 3:30 pm
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Adobe's stock has shown strong long-term performance with an average annual return of 24.33% over the past 15 years, significantly outperforming the market.
The historical performance data provided for Adobe indicates a strong track record of growth, which could positively influence investor sentiment and potentially lead to an increase in stock price in the short term as investors may view the company as a solid long-term investment.
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