$100 Invested In Canadian Natural Res 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Canadian Natural Resources (NYSE:CNQ) has produced an average annual return of 21.67%, outperforming the market. A $100 investment in CNQ 5 years ago would now be worth $271.99. The company currently has a market capitalization of $82.84 billion.
April 02, 2024 | 6:30 pm
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Canadian Natural Resources (CNQ) has shown strong performance with a 21.67% average annual return over the past 5 years, significantly outperforming the market.
The significant outperformance of CNQ compared to the market, as evidenced by its 21.67% average annual return over the past 5 years, suggests a strong and positive impact on its stock price in the short term. This performance, coupled with a substantial market capitalization of $82.84 billion, indicates robust financial health and investor confidence, which are likely to continue driving its stock price upward.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100