Here's How Much $100 Invested In Analog Devices 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Analog Devices (NASDAQ:ADI) has outperformed the market over the past 15 years with an average annual return of 15.2%, resulting in a $100 investment growing to $829.29. This highlights the power of compounded returns.
August 27, 2024 | 3:30 pm
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Analog Devices has significantly outperformed the market over the past 15 years, with a $100 investment growing to $829.29. This performance underscores the company's strong market position and the benefits of compounded returns.
The article highlights Analog Devices' 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 compounded returns also emphasizes the company's consistent growth.
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