Here's How Much $1000 Invested In Home Depot 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Home Depot (NYSE:HD) has outperformed the market over the past 20 years with an average annual return of 12.02%, resulting in a $1000 investment growing to $9,861.18. The article highlights the power of compounded returns over time.
May 17, 2024 | 6:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Home Depot has significantly outperformed the market over the past 20 years, with an average annual return of 12.02%. A $1000 investment 20 years ago would now be worth $9,861.18.
The article highlights Home Depot's strong historical performance and the power of compounded returns, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100