If You Invested $1000 In This Stock 10 Years Ago, You Would Have $7,600 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Intuit (NASDAQ:INTU) has delivered an average annual return of 22.43%, outperforming the market by 12.74% on an annualized basis. A $1000 investment in Intuit a decade ago would be worth $7,629.44 today. Intuit's market capitalization currently stands at $158.90 billion.
December 04, 2023 | 7:00 pm
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Intuit has significantly outperformed the market with an average annual return of 22.43% over the past decade, turning a $1000 investment into $7,629.44.
The historical performance of Intuit over the past decade has been strong, indicating a robust business model and consistent growth. This track record can instill confidence in investors and potentially attract more long-term investment, which may have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100