Here's How Much You Would Have Made Owning Home Depot Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Home Depot (NYSE:HD) has produced an average annual return of 18.59%, outperforming the market by 7.25% on an annualized basis. A $1000 investment in HD stock 15 years ago would be worth $12,830.74 today. Home Depot's market capitalization currently stands at $312.51 billion.
December 01, 2023 | 2:00 pm
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Home Depot has significantly outperformed the market with an 18.59% average annual return over the past 15 years, with a $1000 investment growing to $12,830.74.
The historical performance of Home Depot's stock is indicative of strong growth and may attract investors looking for proven long-term investments. The significant outperformance compared to the market could lead to increased investor confidence and potentially a short-term positive impact on the stock price.
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IMPORTANCE 80
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