Here's How Much You Would Have Made Owning Danaher Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Over the past decade, Danaher (NYSE:DHR) has delivered an average annual return of 17.08%, outperforming the market by 6.61% on an annualized basis. With a current market capitalization of $181.10 billion, an initial investment of $1000 in DHR stock 10 years ago would now be worth $4,859.84. This performance highlights the significant impact of compounded returns on investment growth over time.
February 06, 2024 | 4:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Danaher has significantly outperformed the market over the last decade, with an average annual return of 17.08%, turning a $1000 investment into $4,859.84 today.
Danaher's exceptional performance over the past decade, as evidenced by its average annual return of 17.08% and the substantial growth of an initial $1000 investment, underscores the company's strong market position and the potential for continued positive investor sentiment. This historical performance, coupled with its significant market capitalization, suggests a positive short-term impact on DHR's stock price as investors may be drawn to its proven track record of returns.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100