If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,900 Today
Portfolio Pulse from Benzinga Insights
Meta Platforms (NASDAQ:META) has delivered an average annual return of 23.33% over the past 5 years, outperforming the market by 10.76%. An initial investment of $1000 in META 5 years ago would be worth $2,896.82 today, with the company now having a market capitalization of $1.29 trillion.
April 03, 2024 | 9:01 pm
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POSITIVE IMPACT
Meta Platforms has shown significant growth over the past 5 years, with an average annual return of 23.33%, turning a $1000 investment into $2,896.82.
The substantial growth in Meta Platforms' stock value over the past 5 years, significantly outperforming the market, indicates a strong positive trend. This performance, coupled with a high market capitalization, suggests continued investor confidence and potential for further growth, making it likely that the stock price will continue to rise in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100