$1000 Invested In This Stock 20 Years Ago Would Be Worth $6,600 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Stryker (NYSE:SYK) has produced an average annual return of 9.83%, outperforming the market by 1.91% annually. A $1000 investment in SYK 20 years ago would be worth $6,578.74 today, showcasing the impact of compounded returns on investment growth. Stryker's current market capitalization stands at $124.37 billion.
May 02, 2024 | 7:01 pm
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Stryker has demonstrated significant long-term growth, with a $1000 investment growing to $6,578.74 over 20 years, reflecting an average annual return of 9.83%.
The article highlights Stryker's strong performance over the past two decades, significantly outperforming the market. This historical performance, coupled with its substantial market capitalization, suggests a positive outlook for SYK's stock in the short term, as investors may be drawn to its proven track record of generating value.
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