$1000 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 11.15%. A $1000 investment in NKE 20 years ago would be worth $8,049.25 today. The article highlights the power of compounded returns.
July 29, 2024 | 8:32 pm
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Nike has significantly outperformed the market over the past 20 years, demonstrating the power of compounded returns. A $1000 investment in NKE 20 years ago would be worth $8,049.25 today.
The article highlights Nike's strong historical performance, which could positively influence investor sentiment and potentially drive short-term stock price appreciation.
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