$1000 Invested In This Stock 15 Years Ago Would Be Worth $9,700 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Nike (NYSE:NKE) has produced an average annual return of 16.17%, outperforming the market by 4.7% annually. A $1000 investment in NKE 15 years ago would now be worth $9,665.59. Nike's market capitalization currently stands at $182.11 billion.
December 12, 2023 | 8:31 pm
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POSITIVE IMPACT
Nike's stock has shown strong long-term performance with a 16.17% average annual return over the past 15 years, significantly outperforming the market.
The historical performance of Nike's stock is indicative of its strong growth and market outperformance over a significant period. This track record may positively influence investor perception and could lead to increased investor confidence in the short term.
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RELEVANCE 100