If You Invested $1000 In This Stock 15 Years Ago, You Would Have $14,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Lowe's Companies (NYSE:LOW) has produced an average annual return of 19.26%, outperforming the market by 5.93% on an annualized basis. An investment of $1000 in LOW 15 years ago would be worth $14,392.67 today. Lowe's currently has a market capitalization of $142.01 billion, highlighting the significant impact of compounded returns on investment growth over time.
March 13, 2024 | 8:30 pm
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POSITIVE IMPACT
Lowe's Companies has demonstrated significant growth over the past 15 years, with an investment of $1000 growing to $14,392.67, reflecting an average annual return of 19.26%.
The substantial growth in Lowe's stock value over the past 15 years, significantly outperforming the market, indicates a strong positive trend for the company. This historical performance, coupled with a large market capitalization, suggests a continued positive outlook, making it likely that the stock price will continue to perform well in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100