$100 Invested In This Stock 10 Years Ago Would Be Worth $700 Today
Portfolio Pulse from Benzinga Insights
Meta Platforms (NASDAQ:META) has delivered an average annual return of 21.93% over the past 10 years, outperforming the market by 12.26% annually. A $100 investment in META a decade ago would now be worth $734.22. Meta Platforms currently holds a market cap of $877.20 billion. The article highlights the impact of compounded returns on investment growth over time.
November 24, 2023 | 2:00 pm
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POSITIVE IMPACT
Meta Platforms has significantly outperformed the market with a 21.93% average annual return over the past 10 years, turning a $100 investment into $734.22.
The historical performance of Meta Platforms as highlighted in the article is likely to instill confidence in investors about the company's long-term growth potential. This positive sentiment could lead to a short-term increase in the stock price as investors may perceive the company as a strong long-term investment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100