If You Invested $100 In This Stock 20 Years Ago, You Would Have $2,300 Today
Portfolio Pulse from Benzinga Insights
Equinix (NASDAQ:EQIX) has delivered an average annual return of 17.36% over the past 20 years, outperforming the market by 9.41% annually. A $100 investment in EQIX 20 years ago would be worth $2,323.48 today, showcasing the impact of compounded returns over time. Equinix's current market capitalization stands at $66.39 billion.
May 01, 2024 | 8:00 pm
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POSITIVE IMPACT
Equinix has shown remarkable performance over the past 20 years with an average annual return of 17.36%, turning a $100 investment into $2,323.48 today.
The significant long-term return of Equinix (EQIX) over the past two decades highlights its strong performance and potential attractiveness to investors looking for stable, high-growth investments. The historical data provided showcases EQIX's ability to outperform the market, which could positively influence investor sentiment and potentially lead to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100