$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,500 Today
Portfolio Pulse from Benzinga Insights
Deere (NYSE:DE) has delivered an impressive average annual return of 20.13% over the past 5 years, outperforming the market. An initial investment of $1000 in DE stock would now be worth $2,488.69. Deere's market capitalization stands at $110.26 billion.
January 08, 2024 | 7:00 pm
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Deere & Company has significantly outperformed the market with a 20.13% average annual return over the past 5 years, turning a $1000 investment into $2,488.69.
The historical performance of Deere & Company (DE) has been strong, indicating a robust business model and effective management. This track record of outperforming the market could continue to attract investors, potentially driving the stock price up in the short term. However, past performance is not always indicative of future results, and investors should consider current market conditions and future prospects.
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