$1000 Invested In NVIDIA 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, NVIDIA (NASDAQ:NVDA) has produced an average annual return of 32.31%, outperforming the market with an annualized basis of 24.81%. A $1000 investment in NVDA 20 years ago would be worth $270,526.83 today. NVIDIA's market capitalization currently stands at $1.17 trillion.
December 13, 2023 | 2:02 pm
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NVIDIA has shown exceptional long-term growth with a $1000 investment 20 years ago now worth $270,526.83, reflecting a significant outperformance compared to the market.
The article provides a retrospective analysis of NVIDIA's stock performance over the past 20 years, which does not directly indicate future performance. However, it highlights the company's historical success and could positively influence investor perception. The impact score is neutral as the information is backward-looking and may already be priced in.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100