$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,600 Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Canadian Natural Resources (NYSE:CNQ) has delivered an annualized return of 21.6%, outperforming the market by 8.79%. A $1000 investment in CNQ 5 years ago would now be worth $2,638.12. The company currently has a market capitalization of $79.16 billion.
March 13, 2024 | 9:00 pm
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Canadian Natural Resources (CNQ) has significantly outperformed the market with a 21.6% annualized return over the past 5 years, growing a $1000 investment to $2,638.12.
The substantial growth in CNQ's stock price over the past 5 years, as detailed in the article, indicates a strong performance that has significantly outpaced the market. This historical performance, coupled with the company's large market capitalization, suggests a positive outlook for CNQ's stock in the short term, assuming market conditions remain favorable and no negative external factors impact the energy sector.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100