If You Invested $1000 In This Stock 20 Years Ago, You Would Have $150 Thousand Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Netflix (NASDAQ:NFLX) has significantly outperformed the market, with an annualized return of 20.45% and an average annual return of 28.44%. A $1000 investment in NFLX 20 years ago would be worth $145,523.12 today. Netflix's market capitalization currently stands at $269.53 billion.
March 15, 2024 | 6:30 pm
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Netflix has demonstrated exceptional growth over the past 20 years, with a $1000 investment growing to $145,523.12 today.
The significant growth of Netflix over the past 20 years, as highlighted by the article, showcases the company's strong performance and potential for continued success. This historical performance, coupled with a current market capitalization of $269.53 billion, suggests a positive outlook for NFLX stock in the short term. Investors may view this track record as indicative of the company's resilience and potential for future growth, potentially driving up demand for NFLX shares.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100