If You Invested $1000 In This Stock 20 Years Ago, You Would Have $13,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, BlackRock (NYSE:BLK) has produced an average annual return of 13.75%, outperforming the market by 5.79% on an annualized basis. A $1000 investment in BLK 20 years ago would be worth $12,812.28 today. BlackRock's market capitalization currently stands at $122.24 billion.
April 04, 2024 | 5:31 pm
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BlackRock has shown significant growth over the past 20 years, with a $1000 investment growing to $12,812.28, reflecting an average annual return of 13.75%.
The historical performance of BlackRock over the past 20 years, significantly outperforming the market, suggests a strong track record. This could instill confidence in investors about the company's future prospects, potentially leading to a positive short-term impact on BLK's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100