$1000 Invested In This Stock 15 Years Ago Would Be Worth $12,000 Today
Portfolio Pulse from Benzinga Insights
Shopify (NYSE:SHOP) has significantly outperformed the market over the past 15 years, with an annualized return of 18.24%. A $1000 investment in Shopify 15 years ago would now be worth $12,385.14, highlighting the power of compounded returns.
August 27, 2024 | 4:01 pm
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Shopify has outperformed the market with an 18.24% annualized return over 15 years. A $1000 investment 15 years ago would be worth $12,385.14 today, showcasing the impact of compounded returns.
The article highlights Shopify's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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