If You Invested $1000 In This Stock 20 Years Ago, You Would Have $5,600 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Charles Schwab (NYSE:SCHW) has delivered an average annual return of 9.16%, turning a $1000 investment into $5,562.92 today. With a current market capitalization of $120.30 billion, SCHW's performance highlights the impact of compounded returns on investment growth.
February 29, 2024 | 3:30 pm
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Charles Schwab has shown a strong performance over the past 20 years with an average annual return of 9.16%, significantly impacting investors who held the stock long-term.
The article highlights Charles Schwab's (SCHW) impressive 20-year performance, with an average annual return of 9.16%, which is likely to positively influence investor perception and potentially increase demand for SCHW shares in the short term. The emphasis on compounded returns and long-term investment growth could attract more investors looking for stable, long-term investments, thus potentially driving up the stock price.
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RELEVANCE 100