Here's How Much $100 Invested In AbbVie 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, AbbVie (NYSE:ABBV) has produced an average annual return of 13.21%, outperforming the market by 2.52% on an annualized basis. With a current market capitalization of $316.78 billion, a $100 investment in ABBV a decade ago would be worth $347.98 today. This showcases the significant impact of compounded returns on cash growth over time.
March 18, 2024 | 3:30 pm
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AbbVie has shown a strong performance over the past decade with an average annual return of 13.21%, significantly impacting investors' portfolios.
The article highlights AbbVie's robust performance over the past decade, outperforming the market and showcasing the power of compounded returns. This historical performance, coupled with its substantial market capitalization, suggests a positive outlook for ABBV's stock in the short term, assuming market conditions remain favorable and the company continues its growth trajectory.
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