$1000 Invested In Lowe's Companies 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Lowe's Companies (NYSE:LOW) has produced an average annual return of 11.22%, outperforming the market by 3.53% annually. A $1000 investment in LOW 20 years ago would be worth $8,167.22 today. Lowe's has a current market capitalization of $133.05 billion, highlighting the impact of compounded returns over time.
February 23, 2024 | 5:00 pm
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Lowe's Companies has shown significant growth over the past 20 years, with a $1000 investment growing to $8,167.22, reflecting an 11.22% average annual return.
The substantial growth of Lowe's over two decades, significantly outperforming the market, demonstrates the company's strong market position and potential for continued growth. This historical performance is likely to positively influence investor perception and could lead to increased investor interest in the short term.
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IMPORTANCE 90
RELEVANCE 100