If You Invested $100 In This Stock 15 Years Ago, You Would Have $800 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Nike (NYSE:NKE) has delivered an average annual return of 15.52%, outperforming the market by 2.37% annually. A $100 investment in NKE 15 years ago would be worth $834.08 today. Nike's market capitalization currently stands at $149.80 billion.
March 18, 2024 | 4:30 pm
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Nike has shown significant growth over the past 15 years, with a $100 investment growing to $834.08, reflecting an average annual return of 15.52%.
The substantial growth in Nike's stock value over 15 years, significantly outperforming the market, indicates a strong and consistent performance. This historical performance, coupled with a high market capitalization, suggests a positive outlook for Nike's stock in the short term, assuming no negative market or company-specific events occur.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100