If You Invested $1000 In This Stock 20 Years Ago, You Would Have $31,000 Today
Portfolio Pulse from Benzinga Insights
AutoZone (NYSE:AZO) has delivered an average annual return of 18.73% over the past 20 years, turning a $1000 investment into $30,713.64 today. The company's market capitalization stands at $48.46 billion, showcasing its significant outperformance in the market.
February 05, 2024 | 8:00 pm
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AutoZone has shown remarkable growth over the past 20 years, with a $1000 investment growing to $30,713.64, reflecting an 18.73% annual return.
The significant growth of AutoZone's stock over two decades highlights the company's strong market performance and the power of compounded returns. This historical performance is likely to positively influence investor perception and could lead to increased investor confidence in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100