$100 Invested In This Stock 10 Years Ago Would Be Worth $500 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Equinix (NASDAQ:EQIX) has produced an average annual return of 17.13%, outperforming the market by 7.31% on an annualized basis. A $100 investment in EQIX a decade ago would be worth $502.90 today. Equinix currently has a market cap of $76.39 billion. The key takeaway is the significant impact of compounded returns on investment growth over time.
December 01, 2023 | 3:30 pm
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Equinix has demonstrated strong performance with an average annual return of 17.13% over the past decade, significantly outpacing the market.
The historical performance of Equinix is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price as it highlights the company's strong past performance and could attract long-term investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100