If You Invested $100 In This Stock 20 Years Ago, You Would Have $3,100 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Intuit (NASDAQ:INTU) has produced an average annual return of 18.75%, outperforming the market by 10.7% on an annualized basis. A $100 investment in INTU 20 years ago would be worth $3,086.31 today, showcasing the impact of compounded returns over time. Intuit's current market capitalization stands at $183.41 billion.
March 13, 2024 | 9:30 pm
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Intuit has demonstrated significant growth over the past 20 years, with a $100 investment growing to $3,086.31, reflecting an 18.75% average annual return.
The article highlights Intuit's exceptional performance over the past two decades, significantly outperforming the market. This historical performance, coupled with a strong market capitalization, suggests a positive outlook for INTU in the short term, as it underscores the company's growth trajectory and its ability to generate substantial returns for investors.
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