Here's How Much You Would Have Made Owning PulteGroup Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Over the past 10 years, PulteGroup (NYSE:PHM) has delivered an average annual return of 17.59%, outperforming the market by 7.11% on an annualized basis. With a current market capitalization of $22.43 billion, a $1000 investment in PHM a decade ago would be worth $5,081.21 today.
February 26, 2024 | 2:00 pm
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PulteGroup has significantly outperformed the market over the last 10 years, with an average annual return of 17.59%, and a $1000 investment growing to $5,081.21.
The substantial average annual return of 17.59% over a decade indicates strong performance and growth for PulteGroup, making it a potentially attractive investment. The significant increase in investment value from $1000 to $5,081.21 showcases the power of compounded returns over time. Given this historical performance, there may be a positive short-term impact on investor sentiment and stock price.
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