If You Invested $100 In This Stock 5 Years Ago, You Would Have $200 Today
Portfolio Pulse from Benzinga Insights
Targa Resources (NYSE:TRGP) has delivered an average annual return of 19.21% over the past 5 years, outperforming the market by 6.38%. An investment of $100 in TRGP 5 years ago would be worth $238.54 today. The company currently has a market capitalization of $21.92 billion.
March 01, 2024 | 4:01 pm
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POSITIVE IMPACT
Targa Resources has shown significant growth over the past 5 years, with an investment doubling in value. The company's market cap is $21.92 billion.
The positive performance of Targa Resources over the past 5 years, significantly outperforming the market, suggests a strong potential for continued growth. The doubling of an investment in this period highlights the company's robust financial health and operational success. Given these factors, the short-term impact on TRGP's stock price is likely to be positive, as historical performance can attract more investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100