Here's How Much $100 Invested In Tenaris 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Tenaris (NYSE:TS) has produced an average annual return of 9.21%, outperforming the market. A $100 investment in TS 20 years ago would be worth $583.59 today. Tenaris currently has a market capitalization of $19.42 billion.
May 06, 2024 | 4:00 pm
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Tenaris has shown significant long-term growth, with a $100 investment growing to $583.59 over 20 years, reflecting a 9.21% annual return.
The article highlights Tenaris's strong performance over the past two decades, outperforming the market with an average annual return of 9.21%. This consistent growth over a long period is likely to positively influence investor perception and potentially increase demand for TS shares in the short term.
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