If You Invested $1000 In This Stock 20 Years Ago, You Would Have $120 Thousand Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Netflix (NASDAQ:NFLX) has delivered an average annual return of 27.01%, turning a $1000 investment into $119,084.31 today. With a current market capitalization of $262.63 billion, NFLX's performance highlights the impact of compounded returns on investment growth.
March 29, 2024 | 2:00 pm
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Netflix has shown remarkable growth over the past 20 years, with a $1000 investment growing to $119,084.31, reflecting an average annual return of 27.01%.
The article highlights Netflix's exceptional performance over the past two decades, emphasizing the significant return on investment. This historical performance, coupled with the company's current market capitalization, suggests a positive outlook for NFLX, potentially attracting more investors and positively impacting its stock price in the short term.
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