Here's How Much $100 Invested In Zoetis 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Zoetis (NYSE:ZTS) has produced an average annual return of 19.55%, outperforming the market by 9.69% on an annualized basis. A $100 investment in ZTS a decade ago would be worth $600.51 today. Zoetis currently has a market cap of $88.38 billion. The article highlights the impact of compounded returns on investment growth over time.
December 21, 2023 | 8:30 pm
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POSITIVE IMPACT
Zoetis has significantly outperformed the market with a 19.55% average annual return over the past decade, with a $100 investment growing to $600.51.
The positive historical performance data for Zoetis over the past 10 years is likely to instill confidence in investors about the company's long-term growth potential. This could lead to increased investor interest and potentially a short-term uptick in the stock price, as historical performance is often used as an indicator for future potential, despite past performance not being indicative of future results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100