Here's How Much $1000 Invested In Novo Nordisk 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Novo Nordisk (NYSE:NVO) has produced an average annual return of 19.04%, outperforming the market by 8.32% on an annualized basis. A $1000 investment in NVO a decade ago would be worth $5,657.39 today. Novo Nordisk currently has a market capitalization of $580.63 billion.
March 26, 2024 | 4:00 pm
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Novo Nordisk has shown a strong performance over the past decade with an average annual return of 19.04%, significantly outperforming the market.
The significant outperformance of Novo Nordisk compared to the market, as evidenced by its 19.04% average annual return over the past decade, highlights the company's strong financial health and growth potential. This historical performance, coupled with a substantial market capitalization of $580.63 billion, suggests a positive outlook for NVO's stock in the short term.
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