$100 Invested In This Stock 5 Years Ago Would Be Worth $400 Today
Portfolio Pulse from Benzinga Insights
Manhattan Associates (NASDAQ:MANH) has significantly outperformed the market with an annualized return of 20.65% over the past 5 years, resulting in an average annual return of 32.93%. A $100 investment in MANH 5 years ago would now be worth $417.82, showcasing the impact of compounded returns on investment growth. The company currently holds a market capitalization of $14.75 billion.
April 11, 2024 | 9:00 pm
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POSITIVE IMPACT
Manhattan Associates has delivered an impressive performance over the past 5 years, with a $100 investment growing to $417.82, reflecting a significant outperformance of the market.
The substantial growth in the value of Manhattan Associates' stock over the past 5 years, as highlighted by the increase in investment value from $100 to $417.82, indicates a strong performance that has significantly outpaced the market. This performance is likely to attract investor attention and could lead to increased investor confidence in the short term, potentially driving the stock price even higher.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100