Here's How Much You Would Have Made Owning Cardinal Health Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Cardinal Health (NYSE:CAH) has delivered an average annual return of 16.95% over the past 5 years, outperforming the market by 4.09% on an annualized basis. A $100 investment in CAH stock five years ago would be worth $220.37 today. The company's current market capitalization stands at $25.68 billion.
January 10, 2024 | 9:30 pm
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POSITIVE IMPACT
Cardinal Health has shown strong performance with an average annual return of 16.95% over the past 5 years, significantly outperforming the market.
The positive historical performance data for Cardinal Health over the past 5 years suggests a strong track record that could continue to instill investor confidence in the short term. The outperformance against the market and the compounded returns are likely to be viewed favorably by investors, potentially leading to a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100