$100 Invested In This Stock 20 Years Ago Would Be Worth $15,000 Today
Portfolio Pulse from Benzinga Insights
Netflix (NASDAQ:NFLX) has significantly outperformed the market over the past 20 years, with an average annual return of 28.78%, turning a $100 investment into $15,316.97 today. The company's market capitalization stands at $239.96 billion.
April 23, 2024 | 4:01 pm
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Netflix's stock has shown remarkable growth over the past 20 years, with a $100 investment growing to $15,316.97, reflecting an annual return of 28.78%.
The significant growth in Netflix's stock value over two decades demonstrates the company's strong market performance and the potential for high returns on long-term investments. This historical performance, especially with a market capitalization of $239.96 billion, indicates a positive outlook and could attract more investors, potentially driving the stock price up in the short term.
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