Here's How Much You Would Have Made Owning NetEase Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, NetEase (NASDAQ:NTES) has produced an average annual return of 20.43%, outperforming the market by 13.06% on an annualized basis. A $100 investment in NTES stock 20 years ago would be worth $4,301.91 today. NetEase's current market capitalization stands at $60.35 billion.
January 03, 2024 | 5:30 pm
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NetEase has shown a strong performance over the past 20 years with an average annual return of 20.43%, significantly outperforming the market.
The historical performance of NetEase is impressive and highlights the company's strong growth over a significant period. This track record may instill confidence in investors and could positively influence the stock's short-term performance as it underscores the company's long-term value creation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100