Here's How Much You Would Have Made Owning Adobe Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Adobe (NASDAQ:ADBE) has significantly outperformed the market with an average annual return of 24.62% over the past 15 years. An investment of $100 in Adobe stock 15 years ago would be worth $2,743.49 today. Adobe's market capitalization currently stands at $277.18 billion.
December 07, 2023 | 9:30 pm
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POSITIVE IMPACT
Adobe's stock has provided strong returns over the past 15 years, with an investment of $100 growing to $2,743.49, reflecting the company's solid performance and market outperformance.
The historical performance of Adobe's stock as detailed in the article is likely to instill confidence in investors about the company's long-term growth potential. This positive sentiment could lead to a short-term increase in the stock price as investors may be influenced by the demonstrated long-term success.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100