Here's How Much You Would Have Made Owning BlackRock Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, BlackRock (NYSE:BLK) has produced an average annual return of 13.88%, outperforming the market by 5.91% on an annualized basis. With a current market capitalization of $119.90 billion, an initial investment of $1000 in BLK 20 years ago would now be worth $13,458.19. This showcases the significant impact of compounded returns on investment growth over time.
March 18, 2024 | 8:00 pm
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BlackRock has demonstrated significant growth over the past 20 years, with an average annual return of 13.88%, turning a $1000 investment into $13,458.19.
The article highlights BlackRock's (BLK) exceptional performance over the past two decades, significantly outperforming the market. This long-term success story, coupled with a substantial market capitalization, suggests a positive outlook for BLK's stock in the short term, as it underscores the company's stability and growth potential.
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