$1000 Invested In This Stock 5 Years Ago Would Be Worth $5,500 Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Dick's Sporting Goods (NYSE:DKS) has significantly outperformed the market, with an annualized return of 29.44% and an average annual return of 40.97%. An investment of $1000 in DKS five years ago would now be worth $5,503.98, showcasing the impact of compounded returns on investment growth. The company currently holds a market capitalization of $16.95 billion.
April 30, 2024 | 7:00 pm
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Dick's Sporting Goods has demonstrated exceptional growth over the past 5 years, with a $1000 investment growing to $5,503.98, reflecting a significant outperformance against the market.
The substantial growth in the value of Dick's Sporting Goods stock over the past 5 years, coupled with its outperformance of the market, suggests a positive outlook for the stock in the short term. The historical performance indicates strong company fundamentals and market confidence, which could continue to drive the stock price upward.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100