$100 Invested In This Stock 15 Years Ago Would Be Worth $2,100 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Starbucks (NASDAQ:SBUX) has produced an average annual return of 22.87%, outperforming the market by 8.8%. A $100 investment in SBUX 15 years ago would now be worth $2,104.81, showcasing the impact of compounded returns on investment growth. Starbucks currently has a market capitalization of $108.55 billion.
February 23, 2024 | 6:30 pm
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Starbucks has shown remarkable growth over the past 15 years, with a $100 investment growing to $2,104.81, reflecting an average annual return of 22.87%.
The significant growth in Starbucks' stock value over the past 15 years, outperforming the market, demonstrates the company's strong financial health and market position. This historical performance, coupled with a substantial market capitalization, suggests a positive outlook for SBUX in the short term, as investors may be drawn to its proven track record of generating high returns.
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