$1000 Invested In This Stock 20 Years Ago Would Be Worth $6,300 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Charles Schwab (NYSE:SCHW) has delivered an average annual return of 9.46%, outperforming the market by 1.5% annually. A $1000 investment in SCHW 20 years ago would now be worth $6,277.47, showcasing the impact of compounded returns on investment growth. Charles Schwab currently has a market capitalization of $122.05 billion.
March 18, 2024 | 8:00 pm
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Charles Schwab has shown a strong performance over the past 20 years, with a $1000 investment growing to $6,277.47, reflecting an average annual return of 9.46%.
The article highlights Charles Schwab's strong performance over the last two decades, outperforming the market and showcasing the significant impact of compounded returns on investment growth. This historical performance, coupled with a substantial market capitalization, suggests a positive outlook for SCHW, potentially attracting more investors and positively impacting its stock price in the short term.
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