$100 Invested In AbbVie 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, AbbVie (NYSE:ABBV) has produced an average annual return of 11.05%, outperforming the market by 1.0% annually. A $100 investment in ABBV a decade ago would be worth $286.49 today, with the company currently valued at a market cap of $269.95 billion. The article highlights the impact of compounded returns on investment growth over time.
December 13, 2023 | 2:31 pm
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AbbVie has delivered strong performance with an 11.05% average annual return over the past decade, turning a $100 investment into $286.49 today.
The historical performance of AbbVie as detailed in the article suggests a strong track record, which could instill confidence in investors and potentially lead to a positive short-term impact on the stock price. The emphasis on compounded returns over time may attract long-term investors.
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