Here's How Much $1000 Invested In Estee Lauder Cos 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Estee Lauder Cos (NYSE:EL) has produced an average annual return of 10.06%, outperforming the market. A $1000 investment in EL 20 years ago would be worth $7,152.02 today. Estee Lauder currently has a market cap of $49.38 billion. The article highlights the impact of compounded returns on investment growth over time.
January 09, 2024 | 8:30 pm
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NEUTRAL IMPACT
Estee Lauder has delivered a strong performance with an average annual return of 10.06% over the past 20 years, significantly growing a $1000 investment to $7,152.02.
The historical performance data provided for Estee Lauder is positive, indicating a strong past performance. However, past performance is not indicative of future results, and the information provided does not include any forward-looking statements or current market conditions that would directly impact the short-term price of EL stock. Therefore, while the information is relevant and important for long-term investors, it is neutral for short-term price impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100