If You Invested $1000 In This Stock 20 Years Ago, You Would Have $7,100 Today
Portfolio Pulse from Benzinga Insights
Starbucks (NASDAQ:SBUX) has outperformed the market over the past 20 years, producing an average annual return of 10.2%. A $1000 investment in SBUX 20 years ago would be worth $7,125.50 today. The article highlights the power of compounded returns over time.
June 25, 2024 | 3:01 pm
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Starbucks has significantly outperformed the market over the past 20 years, with an average annual return of 10.2%. A $1000 investment 20 years ago would be worth $7,125.50 today.
The article highlights Starbucks' 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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