Here's How Much $1000 Invested In McKesson 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, McKesson (NYSE:MCK) has produced an average annual return of 14.91%, outperforming the market by 6.92% annually. A $1000 investment in MCK 20 years ago would be worth $16,084.87 today. McKesson's current market capitalization stands at $68.61 billion.
May 03, 2024 | 4:00 pm
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McKesson has shown significant growth over the past 20 years, with a $1000 investment growing to $16,084.87, reflecting an annual return of 14.91%.
The substantial growth in McKesson's stock value over two decades, significantly outperforming the market, indicates a strong and stable investment. This historical performance, coupled with a large market capitalization, suggests a positive outlook for MCK in the short term, as investors may view this track record favorably.
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