Here's How Much $1000 Invested In Icon 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Icon (NASDAQ:ICLR) has produced an average annual return of 18.78%, outperforming the market by 11.13% annually. With a current market capitalization of $22.93 billion, a $1000 investment in ICLR 20 years ago would be worth $31,286.51 today. This highlights the significant impact of compounded returns on cash growth over time.
February 12, 2024 | 5:00 pm
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POSITIVE IMPACT
Icon has demonstrated significant growth over the past 20 years, with an 18.78% average annual return, turning a $1000 investment into $31,286.51 today.
The substantial growth of Icon over the past two decades, as evidenced by its outperformance of the market and the significant increase in value of a $1000 investment, suggests a positive outlook for the company. This historical performance, coupled with a strong market capitalization, indicates a potentially continued upward trajectory for ICLR's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100