If You Invested $100 In This Stock 20 Years Ago, You Would Have $700 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, ONEOK (NYSE:OKE) has delivered an average annual return of 9.83%, outperforming the market by 2.42% on an annualized basis. A $100 investment in OKE stock 20 years ago would be worth $664.31 today. The company currently has a market capitalization of $42.06 billion. The article highlights the impact of compounded returns on investment growth over time.
January 04, 2024 | 4:00 pm
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ONEOK has shown strong performance with a 9.83% average annual return over 20 years, turning a $100 investment into $664.31 today.
The historical performance of ONEOK suggests a strong track record, which could instill confidence in investors and potentially lead to a positive short-term impact on the stock price. However, past performance is not always indicative of future results, and investors should consider current market conditions.
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RELEVANCE 100