Here's How Much You Would Have Made Owning Oracle Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Oracle (NYSE:ORCL) has produced an average annual return of 10.22%, outperforming the market by 2.83% on an annualized basis. A $100 investment in ORCL stock 20 years ago would be worth $692.96 today. Oracle's market capitalization currently stands at $283.08 billion. The key takeaway is the significant impact of compounded returns on investment growth over time.
January 10, 2024 | 3:00 pm
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Oracle's stock has shown strong performance with an average annual return of 10.22% over the past 20 years, significantly outpacing the market.
The historical performance data provided for Oracle indicates a strong track record of returns, which could instill confidence in investors about the company's long-term growth potential. This positive sentiment may lead to a short-term increase in stock price as investors are reminded of Oracle's consistent performance over two decades.
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IMPORTANCE 75
RELEVANCE 100