If You Invested $1000 In This Stock 20 Years Ago, You Would Have $6,400 Today
Portfolio Pulse from Benzinga Insights
Starbucks (NASDAQ:SBUX) has outperformed the market over the past 20 years with an average annual return of 9.79%, resulting in a $1000 investment growing to $6,389.49 today. The key takeaway is the significant impact of compounded returns over time.
July 25, 2024 | 6:31 pm
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Starbucks has shown strong performance over the past 20 years, with an average annual return of 9.79%. A $1000 investment 20 years ago would be worth $6,389.49 today.
The article highlights Starbucks' strong historical performance, which can boost investor confidence and potentially drive short-term stock price appreciation.
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