$100 Invested In This Stock 15 Years Ago Would Be Worth $1,900 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Baidu (NASDAQ:BIDU) has delivered an average annual return of 21.62%, outperforming the market. A $100 investment in BIDU 15 years ago would be worth $1,853.74 today. Baidu's market cap stands at $40.13 billion.
December 22, 2023 | 9:00 pm
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Baidu has significantly outperformed the market with a 21.62% average annual return over the past 15 years, turning a $100 investment into $1,853.74.
The historical performance of Baidu is impressive and highlights the potential of long-term investments. However, past performance is not indicative of future results, and this retrospective analysis does not directly impact the short-term price direction. The information is more relevant for long-term investors rather than short-term traders.
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