Here's How Much $1000 Invested In Analog Devices 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Analog Devices (NASDAQ:ADI) has produced an average annual return of 16.14%, outperforming the market by 4.23% annually. A $1000 investment in ADI 15 years ago would now be worth $9,042.67, showcasing the impact of compounded returns on investment growth. Analog Devices currently has a market capitalization of $97.25 billion.
May 02, 2024 | 3:30 pm
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Analog Devices has shown significant growth over the past 15 years, with a $1000 investment growing to $9,042.67, reflecting an average annual return of 16.14%.
The substantial growth of Analog Devices over the past 15 years, significantly outperforming the market, highlights the company's strong financial performance and the impact of compounded returns. This historical performance may positively influence investor sentiment and potentially drive short-term interest in ADI shares.
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