Here's How Much You Would Have Made Owning Analog Devices Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Analog Devices (NASDAQ:ADI) has outperformed the market with an average annual return of 15.82%, turning a $100 investment into $892.75. The company's market capitalization stands at $91.47 billion.
April 22, 2024 | 4:31 pm
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Analog Devices has shown a strong performance over the last 15 years with an average annual return of 15.82%, significantly outperforming the market.
The historical performance of ADI, as highlighted, demonstrates the company's ability to generate substantial returns over a long period, which is likely to instill confidence in investors about the stock's future prospects. The significant appreciation in investment value from $100 to $892.75 over 15 years underlines the company's strong market position and operational success. This track record may contribute positively to investor sentiment and potentially lead to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100