$100 Invested In AbbVie 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, AbbVie (NYSE:ABBV) has produced an average annual return of 13.2%, outperforming the market by 2.73% on an annualized basis. A $100 investment in ABBV a decade ago would be worth $346.40 today, showcasing the impact of compounded returns on investment growth. AbbVie's current market capitalization stands at $303.65 billion.
February 06, 2024 | 4:00 pm
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AbbVie has shown significant growth over the past decade with an average annual return of 13.2%, turning a $100 investment into $346.40.
The article highlights AbbVie's strong performance over the past decade, significantly outperforming the market. This historical performance, especially the impressive return on investment, is likely to positively influence investor sentiment and potentially increase demand for ABBV shares in the short term.
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