If You Invested $100 In This Stock 15 Years Ago, You Would Have $1,800 Today
Portfolio Pulse from Benzinga Insights
Adobe (NASDAQ:ADBE) has significantly outperformed the market over the past 15 years, with an average annual return of 21.53%, turning a $100 investment into $1,811.40 today. Adobe's market capitalization stands at $213.83 billion.
May 01, 2024 | 7:30 pm
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Adobe's 15-year performance showcases an impressive average annual return of 21.53%, with a $100 investment growing to $1,811.40.
Adobe's significant outperformance over the past 15 years, with an annualized return rate of 21.53%, highlights its strong market position and potential for continued growth. This historical performance, coupled with a substantial market capitalization of $213.83 billion, suggests a positive outlook for Adobe's stock in the short term. Investors may view this track record as indicative of Adobe's resilience and potential for future growth, potentially driving up demand for ADBE shares.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100