Here's How Much $1000 Invested In Meta Platforms 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Meta Platforms (NASDAQ:META) has delivered an average annual return of 24.34% over the past 5 years, outperforming the market by 11.04%. A $1000 investment in META 5 years ago would now be worth $2,979.72. The company currently has a market capitalization of $1.28 trillion.
March 04, 2024 | 2:00 pm
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POSITIVE IMPACT
Meta Platforms has shown significant growth over the past 5 years, with a $1000 investment growing to $2,979.72, reflecting an average annual return of 24.34%.
The substantial growth in the value of Meta Platforms over the past 5 years, significantly outperforming the market, indicates a strong positive trend in the company's stock performance. This historical performance, coupled with a high market capitalization, suggests a continued positive outlook, making it likely that the stock price will continue to rise in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100