$100 Invested In Autodesk 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Autodesk (NASDAQ:ADSK) has significantly outperformed the market over the past 20 years, with an annualized return of 12.97%. A $100 investment in Autodesk 20 years ago would now be worth $1,167.71, highlighting the power of compounded returns.
August 23, 2024 | 5:31 pm
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Autodesk has outperformed the market with a 12.97% annualized return over 20 years, turning a $100 investment into $1,167.71. This highlights the company's strong performance and the benefits of long-term investing.
The article highlights Autodesk's strong historical performance, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term. The focus on long-term compounded returns underscores the company's growth potential.
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