Here's How Much $100 Invested In Nike 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Nike (NYSE:NKE) has produced an average annual return of 13.12%, outperforming the market by 5.59% on an annualized basis. A $100 investment in Nike 20 years ago would now be worth $1,174.65. Nike's current market capitalization stands at $152.69 billion.
January 22, 2024 | 3:01 pm
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Nike's stock has shown strong long-term performance with a 13.12% average annual return over the past 20 years, turning a $100 investment into $1,174.65 today.
The historical performance data of Nike's stock is a strong indicator of its robust growth over the past two decades. This information is likely to instill confidence in investors about the company's long-term potential, potentially influencing a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
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