If You Invested $1000 In This Stock 15 Years Ago, You Would Have $56,000 Today
Portfolio Pulse from Benzinga Insights
Old Dominion Freight Line (NASDAQ:ODFL) has delivered an impressive average annual return of 31.3% over the past 15 years, turning a $1000 investment into $56,096.70 today. With a current market cap of $42.64 billion, ODFL's performance highlights the impact of compounded returns on investment growth over time.
January 09, 2024 | 8:00 pm
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Old Dominion Freight Line's stock has significantly outperformed the market, with a 15-year annualized return of 31.3%, showcasing the company's strong performance and the benefits of long-term investing.
The article emphasizes ODFL's exceptional long-term performance, which is likely to instill investor confidence and could attract more long-term investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100