$1000 Invested In This Stock 10 Years Ago Would Be Worth $10,000 Today
Portfolio Pulse from Benzinga Insights
IDEXX Laboratories (NASDAQ:IDXX) has significantly outperformed the market, with an average annual return of 26.2% over the past 10 years. An initial investment of $1000 in IDXX a decade ago would be worth $10,115.36 today. The company's market capitalization stands at $43.48 billion, highlighting the impact of compounded returns on investment growth.
December 07, 2023 | 9:00 pm
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IDEXX Laboratories has delivered a remarkable 26.2% average annual return over the past 10 years, turning a $1000 investment into $10,115.36 today.
The historical performance of IDEXX Laboratories as detailed in the article suggests a strong track record of growth, which could continue to attract investors looking for proven long-term investments. The positive retrospective analysis is likely to have a favorable impact on investor sentiment in the short term, potentially leading to an increase in the stock price.
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