$1000 Invested In This Stock 15 Years Ago Would Be Worth $9,800 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Nike (NYSE:NKE) has delivered an average annual return of 16.96%, outperforming the market by 2.74% on an annualized basis. A $1000 investment in NKE 15 years ago would now be worth $9,837.84. Nike's market capitalization currently stands at $158.56 billion.
February 28, 2024 | 2:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Nike has shown significant growth over the past 15 years, with a $1000 investment growing to $9,837.84, reflecting an average annual return of 16.96%.
The substantial growth in Nike's stock value over 15 years, significantly outperforming the market, indicates a strong and consistent performance. This historical performance, coupled with a large market capitalization, suggests a positive outlook for NKE in the short term, as it reflects the company's ability to generate value for its investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100