Here's How Much You Would Have Made Owning Fomento Economico Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Fomento Economico (NYSE:FMX) has produced an average annual return of 11.86%, outperforming the market by 4.5% annually. With a current market cap of $226.77 billion, a $1000 investment in FMX 20 years ago would be worth $9,326.71 today. The article highlights the impact of compounded returns on investment growth over time.
January 09, 2024 | 5:00 pm
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Fomento Economico (FMX) has significantly outperformed the market with an 11.86% average annual return over the past 20 years, indicating strong long-term performance.
The historical performance data provided for FMX indicates a strong track record of growth over the past two decades. This information may positively influence investor perception and could lead to increased investor confidence in the stock, potentially driving up its price in the short term.
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