Here's How Much You Would Have Made Owning IDEXX Laboratories Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
IDEXX Laboratories (NASDAQ:IDXX) has delivered an average annual return of 11.64% over the past 20 years, outperforming the market by 3.81% annually. With a current market capitalization of $44.59 billion, a $100 investment in IDXX 20 years ago would be worth $901.28 today.
March 27, 2024 | 6:30 pm
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IDEXX Laboratories has shown a strong performance over the last 20 years with an 11.64% average annual return, significantly outperforming the market.
The historical performance of IDEXX Laboratories over the past 20 years, with an average annual return of 11.64%, indicates a strong and consistent growth trajectory. This performance, significantly above the market average, suggests a positive outlook for the company's stock in the short term, especially considering its substantial market capitalization of $44.59 billion. The information highlights the company's ability to generate value for its investors over a long period, which could attract more interest in the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100