If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, McDonald's (NYSE:MCD) has delivered an average annual return of 11.69%, outperforming the market by 1.15% on an annualized basis. A $1000 investment in MCD a decade ago would be worth $3,019.74 today, showcasing the impact of compounded returns on investment growth. McDonald's currently has a market capitalization of $208.66 billion.
February 12, 2024 | 7:00 pm
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McDonald's has shown a strong performance over the past decade with an 11.69% average annual return, turning a $1000 investment into $3,019.74.
The article highlights McDonald's significant outperformance in the stock market over the past decade, which is likely to instill confidence in current and potential investors about the company's financial health and growth prospects. This positive historical performance, especially the impressive return on investment, could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100