Here's How Much You Would Have Made Owning Norfolk Southern Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Norfolk Southern (NYSE:NSC) has produced an average annual return of 15.31%, outperforming the market by 7.46% on an annualized basis. With a current market capitalization of $56.65 billion, an initial investment of $1000 in NSC stock 20 years ago would be worth $17,282.13 today. This showcases the significant impact of compounded returns on cash growth over time.
April 03, 2024 | 4:00 pm
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Norfolk Southern has demonstrated significant growth over the past 20 years, with an average annual return of 15.31%, turning a $1000 investment into $17,282.13 today.
The article highlights Norfolk Southern's strong performance over the past two decades, significantly outperforming the market. This long-term success story, coupled with the impressive growth of an initial investment, underscores the company's solid financial health and operational efficiency. Such historical performance is likely to positively influence investor sentiment and could lead to an uptick in stock price in the short term, especially among investors looking for stable, long-term investments.
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