If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today
Portfolio Pulse from Benzinga Insights
AutoZone (NYSE:AZO) has delivered an impressive average annual return of 24.55% over the past 5 years, outperforming the market by 12.82% on an annualized basis. A $100 investment in AZO 5 years ago would be worth $297.19 today. AutoZone's market cap stands at $45.61 billion, reflecting its strong performance and the power of compounded returns over time.
December 08, 2023 | 3:31 pm
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AutoZone has significantly outperformed the market with a 24.55% average annual return over the past 5 years, turning a $100 investment into $297.19.
The article highlights AutoZone's strong performance over the past 5 years, which is likely to instill confidence in investors and could lead to a positive sentiment in the short term. The historical performance data provided is a strong indicator of the company's growth and may attract more investors looking for proven returns, potentially driving the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100