$100 Invested In This Stock 15 Years Ago Would Be Worth $600 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, BlackRock (NYSE:BLK) has produced an average annual return of 13.12%, outperforming the market. A $100 investment in BLK 15 years ago would be worth $568.38 today. BlackRock's market capitalization currently stands at $112.22 billion. The article highlights the impact of compounded returns on investment growth over time.
December 06, 2023 | 3:30 pm
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BlackRock has demonstrated strong performance with a 13.12% average annual return over 15 years, turning a $100 investment into $568.38 today.
The positive historical performance data of BlackRock (BLK) over the past 15 years is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price. Historical performance, especially when it outperforms the market, can be a strong indicator for investors considering the stock's long-term potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100