If You Invested $1000 In This Stock 15 Years Ago, You Would Have $330 Thousand Today
Portfolio Pulse from Benzinga Insights
WEX (NYSE:WEX) has significantly outperformed the market, with an average annual return of 46.36% over the past 15 years, turning a $1000 investment into $329,328.13. The company now has a market capitalization of $8.83 billion.
May 02, 2024 | 9:00 pm
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POSITIVE IMPACT
WEX has delivered an exceptional average annual return of 46.36% over the past 15 years, significantly outperforming the market and increasing a $1000 investment to $329,328.13.
The substantial growth in WEX's stock value over the past 15 years, as highlighted by the article, indicates a strong and consistent performance by the company. This historical performance, especially with an average annual return of 46.36%, is likely to attract investor attention and could lead to increased investor confidence in WEX's future prospects. The significant appreciation in investment value from $1000 to over $329,000 illustrates the company's potential for long-term wealth creation, making it a potentially attractive investment option.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100