$1000 Invested In Canadian Natural Res 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Canadian Natural Resources (NYSE:CNQ) has yielded an average annual return of 22.12%, outperforming the market. A $1000 investment in CNQ five years ago would now be worth $2,752.74. The company's market capitalization stands at $71.33 billion, highlighting the significant growth and the impact of compounded returns over time.
December 25, 2023 | 3:30 pm
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Canadian Natural Resources (CNQ) has significantly outperformed the market with a 22.12% average annual return over the past 5 years, turning a $1000 investment into $2,752.74.
The historical performance of CNQ as detailed in the article suggests strong past growth, which could positively influence investor perception and potentially lead to increased investor interest in the short term. However, past performance is not always indicative of future results, and investors should consider other factors as well.
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