$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 11.14%, surpassing the market by 2.88% annually. A $100 investment in Nike 20 years ago would be worth $823.84 today. The article highlights the power of compounded returns over time.
August 09, 2024 | 3:30 pm
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Nike has demonstrated strong performance over the past 20 years, with an average annual return of 11.14%, outperforming the market by 2.88% annually. A $100 investment 20 years ago would now be worth $823.84.
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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