$1000 Invested In This Stock 20 Years Ago Would Be Worth $11,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Gilead Sciences (NASDAQ:GILD) has produced an average annual return of 12.64%, outperforming the market by 4.93%. A $1000 investment in GILD 20 years ago would be worth $10,727.47 today. Gilead Sciences currently has a market capitalization of $91.60 billion. The key insight is the significant impact of compounded returns on cash growth over time.
February 23, 2024 | 3:00 pm
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Gilead Sciences has shown a strong performance over the past 20 years with an average annual return of 12.64%, turning a $1000 investment into $10,727.47.
The historical performance of Gilead Sciences over the past 20 years, with an average annual return significantly outperforming the market, highlights the company's strong position and potential for continued growth. This performance, coupled with the current market capitalization, suggests a positive outlook for GILD's stock in the short term.
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