$1000 Invested In IDEXX Laboratories 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, IDEXX Laboratories (NASDAQ:IDXX) has produced an average annual return of 25.71%, outperforming the market. A $1000 investment in IDXX a decade ago would be worth $10,005.72 today. IDEXX has a current market cap of $45.03 billion.
January 08, 2024 | 5:30 pm
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POSITIVE IMPACT
IDEXX Laboratories has significantly outperformed the market with a 25.71% average annual return over the past 10 years, turning a $1000 investment into $10,005.72.
The historical performance of IDEXX Laboratories as highlighted in the article showcases the company's strong past returns, which may positively influence investor perception and confidence in the stock's future performance. This could lead to increased demand for IDXX shares in the short term, potentially driving up the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100