Here's How Much You Would Have Made Owning Novo Nordisk Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Novo Nordisk (NYSE:NVO) has produced an average annual return of 18.8%, outperforming the market by 8.36% on an annualized basis. With a current market capitalization of $473.95 billion, a $100 investment in NVO stock a decade ago would be worth $563.17 today.
January 22, 2024 | 5:30 pm
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Novo Nordisk has significantly outperformed the market with an 18.8% average annual return over the last 10 years, and a $100 investment then would be worth $563.17 today.
The historical performance of Novo Nordisk is likely to instill confidence in investors, potentially attracting more interest in the stock. The impressive long-term returns highlighted in the article may lead to a positive short-term impact on the stock price as investors might perceive the company as a solid long-term investment.
CONFIDENCE 90
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RELEVANCE 100