Here's How Much $1000 Invested In Lowe's Companies 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Lowe's Companies (NYSE:LOW) has produced an average annual return of 17.3%, outperforming the market by 4.97% on an annualized basis. A $1000 investment in LOW 15 years ago would be worth $10,578.69 today. Lowe's currently has a market cap of $125.63 billion. The article highlights the impact of compounded returns on investment growth over time.
January 22, 2024 | 2:00 pm
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Lowe's Companies has demonstrated strong long-term performance with a 17.3% average annual return over 15 years, significantly outperforming the market.
The article emphasizes Lowe's Companies' strong historical performance, which is likely to instill confidence in investors and could positively influence the stock price in the short term as it underscores the company's solid track record.
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