Here's How Much $1000 Invested In McKesson 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
McKesson (NYSE:MCK) has significantly outperformed the market over the past 20 years, with an annualized return of 15.38%. A $1000 investment in McKesson 20 years ago would be worth $17,871.83 today. This highlights the power of compounded returns over time.
August 26, 2024 | 5:00 pm
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McKesson has outperformed the market over the past 20 years with an annualized return of 15.38%, turning a $1000 investment into $17,871.83. This demonstrates the effectiveness of long-term investing and compounded returns.
The article highlights McKesson's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation. The focus on long-term returns and compounded growth underscores McKesson's value as a stable investment.
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