$100 Invested In Nike 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Nike (NYSE:NKE) has outperformed the market over the past 20 years with an average annual return of 12.68%, resulting in a $100 investment growing to $1,096.06. The article highlights the power of compounded returns over time.
June 07, 2024 | 5:30 pm
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Nike has demonstrated strong performance over the past 20 years, significantly outperforming the market with an average annual return of 12.68%. A $100 investment 20 years ago would now be worth $1,096.06.
The article highlights Nike's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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