If You Invested $100 In This Stock 15 Years Ago, You Would Have $1,000 Today
Portfolio Pulse from Benzinga Insights
Intercontinental Exchange (NYSE:ICE) has delivered an average annual return of 16.85% over the past 15 years, outperforming the market by 4.59% on an annualized basis. A $100 investment in ICE 15 years ago would be worth $1,014.18 today, showcasing the impact of compounded returns on investment growth. ICE's current market capitalization stands at $74.25 billion.
February 02, 2024 | 5:00 pm
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Intercontinental Exchange has shown a remarkable average annual return of 16.85% over the past 15 years, turning a $100 investment into $1,014.18 today.
The significant average annual return of 16.85% over 15 years, outperforming the market, indicates a strong and consistent performance by ICE. This historical performance, coupled with a substantial market capitalization of $74.25 billion, suggests a positive outlook for ICE in the short term. The emphasis on the impact of compounded returns further highlights the investment's growth potential.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100