Here's How Much $100 Invested In Novo Nordisk 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Novo Nordisk (NYSE:NVO) has produced an average annual return of 19.39%, outperforming the market by 8.87%. A $100 investment in NVO a decade ago would now be worth $585.05. The company's current market capitalization stands at $598.14 billion.
March 15, 2024 | 3:30 pm
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Novo Nordisk has shown significant growth over the past decade, with a $100 investment growing to $585.05, reflecting a strong performance with an average annual return of 19.39%.
The substantial growth in investment value from $100 to $585.05 over a decade, coupled with an average annual return of 19.39%, indicates a strong performance by Novo Nordisk. This performance is likely to positively influence investor sentiment and potentially increase demand for NVO shares in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100