Here's How Much You Would Have Made Owning Vertex Pharmaceuticals Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Vertex Pharmaceuticals (NASDAQ:VRTX) has produced an average annual return of 19.77%, outperforming the market by 6.13% on an annualized basis. With a current market capitalization of $106.16 billion, an initial investment of $1000 in VRTX 15 years ago would be worth $14,123.70 today. This showcases the significant impact of compounded returns on cash growth over time.
March 08, 2024 | 2:00 pm
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Vertex Pharmaceuticals has demonstrated significant growth over the past 15 years, with an average annual return of 19.77%, significantly outperforming the market.
The article highlights Vertex Pharmaceuticals' exceptional performance over the past 15 years, with an average annual return of 19.77%, outperforming the market. This long-term track record of strong performance is likely to positively influence investor perception and could lead to increased investor confidence in VRTX, potentially driving up its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100