Here's How Much You Would Have Made Owning WEX Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Over the past 15 years, WEX (NYSE:WEX) has significantly outperformed the market, with an annualized return of 37.82% and an average annual return of 50.42%. A $1000 investment in WEX 15 years ago would be worth $456,745.10 today. The company's current market capitalization stands at $9.72 billion.
April 15, 2024 | 9:00 pm
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POSITIVE IMPACT
WEX has shown remarkable performance over the last 15 years with an annualized return of 37.82% and an average annual return of 50.42%, significantly outperforming the market.
The substantial growth in WEX's stock value over the past 15 years, as highlighted by the significant returns and market capitalization, suggests a positive outlook for the stock. This historical performance, especially the transformation of a $1000 investment into $456,745.10, underscores the company's strong market position and potential for future growth. Such a track record of outperforming the market is likely to attract investor attention and could lead to increased demand for WEX shares in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100