Here's How Much $1000 Invested In Canadian Pacific Kansas 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Canadian Pacific Kansas (NYSE:CP) has produced an average annual return of 15.44%, outperforming the market by 7.62% annually. A $1000 investment in CP 20 years ago would now be worth $17,952.23. This showcases the impact of compounded returns on investment growth over time.
March 27, 2024 | 4:00 pm
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Canadian Pacific Kansas (NYSE:CP) has shown a strong performance over the past 20 years, with a $1000 investment growing to $17,952.23.
The significant growth of an investment in CP over 20 years, outperforming the market, demonstrates the company's strong performance and the impact of compounded returns. This historical performance may positively influence investor sentiment and attract more interest in CP's stock in the short term.
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