$1000 Invested In This Stock 10 Years Ago Would Be Worth $3,100 Today
Portfolio Pulse from Benzinga Insights
Over the past decade, AbbVie (NYSE:ABBV) has delivered an average annual return of 11.69%, turning a $1000 investment into $3,133.58 today. With a current market capitalization of $282.47 billion, AbbVie's performance highlights the impact of compounded returns on investment growth.
May 02, 2024 | 6:30 pm
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AbbVie has shown a strong performance over the last decade with an 11.69% average annual return, significantly outpacing the market.
AbbVie's consistent outperformance over the past 10 years, as evidenced by its significant average annual return of 11.69%, suggests a strong investment case. This historical performance, coupled with its substantial market capitalization, indicates a positive outlook for the stock in the short term, assuming market conditions remain favorable.
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IMPORTANCE 90
RELEVANCE 100