$1000 Invested In This Stock 15 Years Ago Would Be Worth $20,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Starbucks (NASDAQ:SBUX) has produced an average annual return of 22.38%, outperforming the market by 10.05% on an annualized basis. A $1000 investment in SBUX 15 years ago would be worth $20,500 today. Starbucks currently has a market capitalization of $105.96 billion.
January 19, 2024 | 4:30 pm
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Starbucks has shown significant growth over the past 15 years, with a $1000 investment growing to $20,500, reflecting a strong historical performance.
While the historical performance of Starbucks is impressive, past performance does not guarantee future results. The information is backward-looking and may not have a direct short-term impact on the stock price. However, it does highlight the company's strong track record, which could maintain investor confidence.
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