$100 Invested In Old Dominion Freight Line 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Old Dominion Freight Line (NASDAQ:ODFL) has produced an average annual return of 34.39%, outperforming the market by 21.74%. A $100 investment in ODFL 5 years ago would be worth $436.58 today. The company's market capitalization currently stands at $46.61 billion.
March 11, 2024 | 5:30 pm
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POSITIVE IMPACT
Old Dominion Freight Line has shown remarkable performance over the past 5 years with an average annual return of 34.39%, significantly outperforming the market.
The significant outperformance of Old Dominion Freight Line (ODFL) over the market by 21.74% annually and the substantial growth of an initial $100 investment into $436.58 over 5 years highlight the company's strong financial health and market position. This historical performance, coupled with a large market capitalization of $46.61 billion, suggests a positive outlook for ODFL's stock in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100