$1000 Invested In This Stock 10 Years Ago Would Be Worth $4,300 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Chipotle Mexican Grill (NYSE:CMG) has delivered an average annual return of 15.72%, outperforming the market. A $1000 investment in CMG a decade ago would now be worth $4,323.07. Chipotle's market cap currently stands at $62.44 billion. The article highlights the impact of compounded returns on investment growth over time.
December 18, 2023 | 6:30 pm
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Chipotle Mexican Grill has significantly outperformed the market with a 15.72% average annual return over the past decade, with a $1000 investment growing to $4,323.07 today.
The article provides a positive retrospective analysis of CMG's performance over the past decade, which could instill confidence in investors about the stock's long-term potential. The emphasis on compounded returns may also attract investors looking for long-term growth opportunities. However, past performance is not indicative of future results, and investors should consider current market conditions and future prospects.
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