$1000 Invested In Baidu 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Baidu (NASDAQ:BIDU) has produced an average annual return of 20.44%, outperforming the market by 7.46%. A $1000 investment in BIDU 15 years ago would be worth $17,048.50 today. Baidu's current market capitalization stands at $36.62 billion.
February 13, 2024 | 3:30 pm
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Baidu has shown significant growth over the past 15 years with an average annual return of 20.44%, turning a $1000 investment into $17,048.50.
The article highlights Baidu's strong performance over the past 15 years, significantly outperforming the market. This historical performance, coupled with a substantial market capitalization, suggests a positive outlook for BIDU's stock in the short term. The emphasis on compounded returns as a key factor in investment growth further underscores the potential for continued positive performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100