Here's How Much $1000 Invested In Adobe 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Adobe (NASDAQ:ADBE) has outperformed the market with an average annual return of 18.77% over the past 5 years, turning a $1000 investment into $2,390.80 today. The company's market capitalization stands at $277.77 billion.
February 07, 2024 | 5:00 pm
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Adobe's stock has shown significant growth over the past 5 years, with an 18.77% average annual return, increasing a $1000 investment to $2,390.80.
Adobe's consistent outperformance of the market and significant return on investment over a 5-year period highlights its strong financial health and growth potential. This historical performance is likely to positively influence investor sentiment and could lead to increased demand for ADBE shares in the short term.
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