Here's How Much $1000 Invested In Novo Nordisk 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Novo Nordisk (NYSE:NVO) has produced an average annual return of 19.04%, outperforming the market by 9.16% on an annualized basis. A $1000 investment in NVO a decade ago would be worth $5,741.58 today. Novo Nordisk currently has a market capitalization of $458.45 billion.
December 21, 2023 | 3:00 pm
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Novo Nordisk has significantly outperformed the market with an average annual return of 19.04% over the past decade, with a $1000 investment growing to $5,741.58.
The historical performance of Novo Nordisk is a strong indicator of the company's growth and stability over the past decade. This track record of outperforming the market is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price as it highlights the company's long-term value.
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RELEVANCE 100