$100 Invested In This Stock 20 Years Ago Would Be Worth $1,100 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Gilead Sciences (NASDAQ: GILD) has produced an average annual return of 12.73%, outperforming the market. A $100 investment in GILD 20 years ago would be worth $1,093.48 today. Gilead Sciences currently has a market cap of $99.26 billion. The article highlights the impact of compounded returns on investment growth over time.
December 25, 2023 | 6:00 pm
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Gilead Sciences has significantly outperformed the market with a 12.73% average annual return over the past 20 years, turning a $100 investment into $1,093.48 today.
The historical performance of Gilead Sciences is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price as it demonstrates the company's strong track record. However, past performance does not guarantee future results, and investors may also consider other current market conditions and company fundamentals in their investment decisions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100