$1000 Invested In This Stock 15 Years Ago Would Be Worth $9,500 Today
Portfolio Pulse from Benzinga Insights
East West Bancorp (NASDAQ:EWBC) has delivered an impressive annualized return of 16.3% over the past 15 years, outperforming the market by 4.1%. A $1000 investment in EWBC 15 years ago would now be worth $9,464.20, highlighting the power of compounded returns.
August 27, 2024 | 3:00 pm
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East West Bancorp has significantly outperformed the market over the past 15 years, with a 16.3% annualized return. This highlights the company's strong performance and the benefits of long-term investment.
The article highlights East West Bancorp's strong historical performance, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
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