Here's How Much You Would Have Made Owning Home Depot Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Home Depot (NYSE:HD) has produced an average annual return of 12.31%, outperforming the market by 4.31% on an annualized basis. With a current market capitalization of $338.65 billion, an initial investment of $1000 in HD stock 20 years ago would be worth $10,218.60 today.
May 03, 2024 | 7:30 pm
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Home Depot has shown significant growth over the past 20 years, with an average annual return of 12.31%, significantly outperforming the market.
The article highlights Home Depot's strong performance over the past two decades, indicating a consistent and significant growth in its stock value. This historical performance, especially the impressive return on investment, suggests a positive outlook for the stock, potentially attracting more investors and positively impacting its short-term price movement.
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