$1000 Invested In Blackstone 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Blackstone (NYSE:BX) has produced an average annual return of 16.81%, outperforming the market by 4.63% on an annualized basis. A $1000 investment in BX 15 years ago would be worth $10,844.86 today, showcasing the impact of compounded returns over time. Blackstone currently has a market capitalization of $92.87 billion.
April 26, 2024 | 7:30 pm
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A $1000 investment in Blackstone 15 years ago would now be worth $10,844.86, reflecting an average annual return of 16.81% and outperforming the market.
The significant appreciation in Blackstone's stock value over the past 15 years, as highlighted by the article, suggests a strong performance and a positive outlook for the company. This historical performance, especially the outperformance against the market, is likely to instill confidence in investors, potentially leading to a short-term positive impact on BX's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100