If You Invested $1000 In This Stock 20 Years Ago, You Would Have $7,600 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Starbucks (NASDAQ:SBUX) has delivered an average annual return of 10.68%, turning a $1000 investment into $7,642.52 today. With a current market capitalization of $81.89 billion, SBUX has outperformed the market by 2.62% on an annualized basis.
May 07, 2024 | 3:32 pm
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Starbucks has shown a strong performance over the past 20 years with an average annual return of 10.68%, significantly outperforming the market.
The historical performance of Starbucks over the past two decades highlights the company's strong and consistent growth in the stock market. This performance is likely to positively influence investor sentiment and could lead to increased investor interest in SBUX in the short term. The significant outperformance against the market average demonstrates Starbucks's resilience and adaptability, factors that are crucial for investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100