$1000 Invested In This Stock 20 Years Ago Would Be Worth $13,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, BlackRock (NYSE:BLK) has produced an average annual return of 13.79%, outperforming the market by 6.16% annually. A $1000 investment in BLK 20 years ago would be worth $13,255.90 today. BlackRock's market capitalization currently stands at $118.39 billion.
February 12, 2024 | 2:00 pm
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BlackRock has shown significant growth over the past 20 years, with a $1000 investment growing to $13,255.90, reflecting an average annual return of 13.79%.
The article highlights BlackRock's (BLK) exceptional performance over the past 20 years, significantly outperforming the market. This historical performance, coupled with its current market capitalization of $118.39 billion, suggests a strong and stable investment. The positive long-term growth trajectory of BLK is likely to instill confidence in investors, potentially leading to an increase in demand for BLK shares in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100