$1000 Invested In This Stock 20 Years Ago Would Be Worth $8,600 Today
Portfolio Pulse from Benzinga Insights
Starbucks (NASDAQ:SBUX) has outperformed the market over the past 20 years with an average annual return of 11.33%, resulting in a $1000 investment growing to $8,646.40. The article highlights the power of compounded returns.
August 22, 2024 | 9:00 pm
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Starbucks has shown strong performance over the past 20 years, with an average annual return of 11.33%, outperforming the market. A $1000 investment 20 years ago would be worth $8,646.40 today.
The article highlights Starbucks' strong historical performance, which may positively influence investor sentiment and short-term stock price. The focus on long-term growth and compounding returns underscores the company's potential as a solid investment.
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