Here's How Much You Would Have Made Owning McKesson Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Over the past 5 years, McKesson (NYSE:MCK) has produced an average annual return of 32.75%, outperforming the market by 18.36% on an annualized basis. A $100 investment in MCK stock 5 years ago would be worth $406.49 today. McKesson's market capitalization currently stands at $59.42 billion. The article highlights the impact of compounded returns on investment growth over time.
December 18, 2023 | 4:00 pm
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McKesson's stock has significantly outperformed the market with an average annual return of 32.75% over the past 5 years, with a $100 investment growing to $406.49.
The positive historical performance data for McKesson (MCK) over the past 5 years is likely to instill confidence in investors and could lead to a short-term positive sentiment, potentially driving the stock price up. However, past performance is not always indicative of future results, and investors may also consider other current market conditions and company fundamentals before making investment decisions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100