If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,300 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Diamondback Energy (NASDAQ:FANG) has delivered an average annual return of 13.12%, outperforming the market. A $1000 investment in FANG a decade ago would be worth $3,281.03 today. Diamondback Energy currently has a market cap of $27.96 billion.
January 05, 2024 | 4:30 pm
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POSITIVE IMPACT
Diamondback Energy's stock has shown strong performance with a 13.12% average annual return over the past decade, turning a $1000 investment into $3,281.03.
The historical performance data provided for Diamondback Energy (FANG) indicates a strong track record of returns, 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 this information is more reflective of the company's long-term growth rather than an immediate catalyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100