Here's How Much You Would Have Made Owning Elevance Health Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Elevance Health (NYSE:ELV) has delivered an average annual return of 15.39% over the past 5 years, outperforming the market by 3.78% annually. With a current market capitalization of $125.43 billion, a $100 investment in ELV 5 years ago would now be worth $202.11. This performance highlights the impact of compounded returns on investment growth over time.
April 26, 2024 | 6:30 pm
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Elevance Health has shown a strong performance over the past 5 years with an average annual return of 15.39%, significantly outperforming the market.
The article directly attributes a significant outperformance and a high average annual return to Elevance Health (ELV) over the past 5 years. This consistent performance, especially in comparison to the market average, suggests a positive outlook for ELV's stock in the short term. The emphasis on compounded returns further highlights the company's ability to generate value for its investors, making it an attractive asset.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100