$1000 Invested In This Stock 10 Years Ago Would Be Worth $5,500 Today
Portfolio Pulse from Benzinga Insights
SPS Commerce (NASDAQ:SPSC) has delivered an average annual return of 18.94% over the past 10 years, outperforming the market by 8.39%. A $1000 investment in SPSC a decade ago would now be worth $5,505.99, showcasing the impact of compounded returns on investment growth. The company currently holds a market capitalization of $6.62 billion.
February 07, 2024 | 2:30 pm
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POSITIVE IMPACT
SPS Commerce has significantly outperformed the market with an 18.94% average annual return over the past 10 years, growing a $1000 investment to $5,505.99.
The substantial return on investment over a decade highlights SPSC's strong performance and growth potential. The historical data suggests a positive outlook, likely attracting more investors and potentially driving the stock price up in the short term.
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