$100 Invested In This Stock 15 Years Ago Would Be Worth $5,900 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Apple Inc. (AAPL) has significantly outperformed the market, with an average annual return of 30.93%. A $100 investment in AAPL 15 years ago would now be worth $5,939.09. Apple's market capitalization currently stands at $2.99 trillion. The article highlights the impact of compounded returns on investment growth over time.
December 29, 2023 | 8:31 pm
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Apple Inc. has demonstrated exceptional growth over the past 15 years, with a $100 investment growing to $5,939.09. The company's strong performance is a testament to its market dominance and innovative products.
The historical performance of Apple Inc. is indicative of its strong market position and consistent growth. While past performance is not indicative of future results, such a track record can positively influence investor sentiment and potentially lead to a short-term increase in stock price.
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