Here's How Much $1000 Invested In Celanese 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Celanese (NYSE:CE) has produced an average annual return of 18.15%, outperforming the market by 5.89% on an annualized basis. With a current market capitalization of $16.10 billion, a $1000 investment in CE 15 years ago would be worth $12,252.94 today. This showcases the significant impact of compounded returns on cash growth over time.
February 02, 2024 | 5:00 pm
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Celanese has demonstrated strong performance over the past 15 years with an 18.15% average annual return, turning a $1000 investment into $12,252.94 today.
The significant outperformance of Celanese compared to the market over the past 15 years, as well as the impressive growth of a $1000 investment into $12,252.94, highlights the company's strong financial health and potential for continued growth. This historical performance may attract more investors, potentially driving up the stock price in the short term.
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