$1000 Invested In This Stock 20 Years Ago Would Be Worth $10,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Gilead Sciences (NASDAQ:GILD) has produced an average annual return of 12.38%, outperforming the market by 4.85% on an annualized basis. A $1000 investment in GILD 20 years ago would be worth $10,302.57 today. Gilead Sciences currently has a market capitalization of $93.55 billion, highlighting the significant impact of compounded returns over time.
February 07, 2024 | 3:00 pm
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Gilead Sciences has shown a strong performance over the past 20 years with an average annual return of 12.38%, turning a $1000 investment into $10,302.57 today.
The significant growth of Gilead Sciences over the past two decades, as highlighted by the substantial increase in value of a $1000 investment, underscores the company's strong market performance and the importance of compounded returns. This historical performance is likely to positively influence investor perception and could lead to increased investor interest in the short term.
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RELEVANCE 100