If You Invested $1000 In This Stock 20 Years Ago, You Would Have $10,000 Today
Portfolio Pulse from Benzinga Insights
Nike (NYSE:NKE) has significantly outperformed the market over the past 20 years, delivering an average annual return of 12.22%. A $1000 investment in NKE 20 years ago would be worth $10,440.88 today. This highlights the power of compounded returns over time.
June 18, 2024 | 3:00 pm
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Nike (NYSE:NKE) has outperformed the market over the past 20 years, delivering an average annual return of 12.22%. A $1000 investment in NKE 20 years ago would be worth $10,440.88 today.
The article highlights Nike'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.
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