If You Invested $1000 In This Stock 20 Years Ago, You Would Have $10,000 Today
Portfolio Pulse from Benzinga Insights
Valero Energy (NYSE:VLO) has delivered an average annual return of 12.25% over the past 20 years, turning a $1000 investment into $9,971.14 today. With a current market capitalization of $54.46 billion, VLO's performance highlights the impact of compounded returns on investment growth.
April 30, 2024 | 6:30 pm
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POSITIVE IMPACT
Valero Energy's 20-year performance demonstrates significant growth, with a $1000 investment growing to $9,971.14, reflecting an average annual return of 12.25%.
Valero Energy's consistent outperformance over two decades, as evidenced by a significant return on investment, underscores its strength in the market and the potential for continued positive performance. This historical performance, especially when compared to the broader market's returns, suggests a strong investment case for VLO in the short term, assuming market conditions remain favorable and no significant negative industry or economic shifts occur.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100