Here's How Much You Would Have Made Owning AutoZone Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, AutoZone (NYSE:AZO) has delivered an average annual return of 18.56%, outperforming the market by 11.16% on an annualized basis. A $100 investment in AZO stock 20 years ago would be worth $3,071.55 today. AutoZone's market capitalization currently stands at $44.40 billion.
January 04, 2024 | 6:00 pm
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AutoZone has shown a strong performance over the last 20 years with an average annual return of 18.56%, significantly outperforming the market.
The historical performance of AutoZone is indicative of the company's strong growth and market outperformance. This track record may continue to instill confidence in investors, potentially leading to a positive short term impact on the stock price as the market reacts to the company's proven long-term success.
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