If You Invested $100 In This Stock 15 Years Ago, You Would Have $2,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Baidu (NASDAQ:BIDU) has delivered an average annual return of 22.39%, outperforming the market by 10.52% on an annualized basis. A $100 investment in BIDU 15 years ago would be worth $1,959.22 today. Baidu's market capitalization currently stands at $41.32 billion.
January 05, 2024 | 9:00 pm
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Baidu has significantly outperformed the market with an average annual return of 22.39% over the past 15 years, turning a $100 investment into $1,959.22.
The historical performance of Baidu is indicative of its strong growth and potential for continued success. Investors may view this track record positively, which could lead to increased investor confidence and a potential short-term uplift in BIDU's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100