Here's How Much You Would Have Made Owning Medifast Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Medifast (NYSE:MED) has delivered an average annual return of 14.06%, outperforming the market by 1.79% on an annualized basis. With a current market capitalization of $596.48 million, a $100 investment in MED 15 years ago would be worth $682.73 today. This showcases the significant impact of compounded returns on investment growth over time.
February 02, 2024 | 6:30 pm
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Medifast has demonstrated significant long-term growth, with a 14.06% average annual return over the past 15 years, turning a $100 investment into $682.73.
The article highlights Medifast's strong performance over the past 15 years, significantly outperforming the market. This historical performance, especially the impressive return on a relatively small investment, is likely to positively influence investor sentiment and potentially increase demand for MED shares in the short term. The emphasis on compounded returns underscores the value of long-term investment in MED.
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