$1000 Invested In Baidu 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
$1000 invested in Baidu (NASDAQ:BIDU) 15 years ago would now be worth $8,995.76, showcasing an average annual return of 15.59% and outperforming the market by 3.2% on an annualized basis. Baidu's current market capitalization stands at $33.46 billion.

April 18, 2024 | 8:30 pm
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A $1000 investment in Baidu 15 years ago would be worth $8,995.76 today, reflecting an average annual return of 15.59% and outperforming the market.
The significant growth in Baidu's stock value over the past 15 years, with an average annual return of 15.59%, indicates a strong performance that has outpaced the market. This historical performance, coupled with Baidu's current market capitalization of $33.46 billion, suggests a positive outlook for BIDU in the short term. The article's focus on Baidu's long-term growth and its ability to outperform the market by 3.2% on an annualized basis further supports this positive impact.
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