$1000 Invested In This Stock 10 Years Ago Would Be Worth $3,300 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Diamondback Energy (NASDAQ:FANG) has delivered an average annual return of 12.45%, outperforming the market by 2.49% annually. A $1000 investment in FANG a decade ago would now be worth $3,300. Diamondback Energy currently has a market cap of $26.55 billion. The article highlights the impact of compounded returns on investment growth over time.
December 11, 2023 | 7:30 pm
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Diamondback Energy (FANG) has shown strong performance with a 12.45% average annual return over the past 10 years, turning a $1000 investment into $3,300 today.
The historical performance data provided is factual and demonstrates strong past performance. However, past performance is not indicative of future results, and this retrospective analysis may not have a direct short-term impact on the stock price. Investors may view this positively, but it is more relevant for long-term investment considerations rather than short-term trading.
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