Here's How Much You Would Have Made Owning Ross Stores Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Ross Stores (NASDAQ:ROST) has delivered an average annual return of 12.02% over the past 20 years, outperforming the market by 4.61% annually. A $1000 investment in ROST 20 years ago would be worth $9,721.45 today. Ross Stores currently has a market cap of $45.98 billion. The article highlights the impact of compounded returns on investment growth over time.
January 05, 2024 | 3:30 pm
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Ross Stores has significantly outperformed the market with a 12.02% average annual return over the last 20 years, indicating strong historical performance.
The historical performance of Ross Stores, as detailed in the article, is likely to instill confidence in investors about the company's long-term growth potential. This positive sentiment could lead to a short-term increase in the stock price as investors may perceive the company as a solid long-term investment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100