Here's How Much $100 Invested In Novo Nordisk 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Novo Nordisk (NYSE:NVO) has produced an average annual return of 17.5%, outperforming the market by 7.05% on an annualized basis. A $100 investment in NVO a decade ago would now be worth $499.10. Novo Nordisk currently has a market capitalization of $536.06 billion.
February 29, 2024 | 8:00 pm
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Novo Nordisk has shown significant growth over the past decade, with a $100 investment growing to $499.10, reflecting an average annual return of 17.5%.
The substantial growth in Novo Nordisk's stock value over the past decade, significantly outperforming the market, indicates a strong and stable investment. This historical performance, coupled with a high market capitalization, suggests a positive outlook for NVO in the short term, assuming market conditions remain favorable.
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