If You Invested $100 In This Stock 15 Years Ago, You Would Have $1,700 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Baidu (NASDAQ:BIDU) has delivered an average annual return of 20.93%, outperforming the market by 8.6% on an annualized basis. A $100 investment in BIDU 15 years ago would be worth $1,725.71 today. Baidu's market capitalization currently stands at $34.86 billion.
January 22, 2024 | 9:31 pm
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Baidu has shown significant long-term growth, with a $100 investment 15 years ago now worth $1,725.71, reflecting a strong average annual return of 20.93%.
The historical performance of Baidu as highlighted in the article demonstrates the company's strong growth over a significant period. This track record of outperforming the market is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price as it underscores the company's long-term value creation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100