Here's How Much You Would Have Made Owning BlackRock Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, BlackRock (NYSE:BLK) has produced an average annual return of 13.72%, outperforming the market by 5.7% on an annualized basis. With a current market capitalization of $114.29 billion, a $100 investment in BLK 20 years ago would be worth $1,307.68 today.
May 06, 2024 | 5:00 pm
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BlackRock has demonstrated significant long-term growth, with a $100 investment growing to $1,307.68 over 20 years, reflecting a 13.72% average annual return.
The article highlights BlackRock'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 BLK's stock in the short term, as investors may be drawn to its proven track record of generating high returns.
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