If You Invested $1000 In This Stock 15 Years Ago, You Would Have $8,500 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Nike (NYSE:NKE) has delivered an average annual return of 15.0%, outperforming the market by 3.5% annually. A $1000 investment in NKE 15 years ago would be worth $8,470.59 today. Nike's market capitalization currently stands at $164.90 billion.
December 27, 2023 | 3:01 pm
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Nike's stock has shown strong performance over the past 15 years with an average annual return of 15.0%, significantly outpacing the market.
The historical performance of Nike's stock as highlighted in the article showcases the company's strong past returns, which may positively influence investor sentiment and potentially lead to a short-term increase in stock price. However, past performance is not indicative of future results, and this retrospective analysis may have a limited impact on short-term trading.
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