If You Invested $1000 In This Stock 20 Years Ago, You Would Have $9,900 Today
Portfolio Pulse from Benzinga Insights
Home Depot (NYSE:HD) has significantly outperformed the market over the past 20 years, with an annualized return of 12.14%. A $1000 investment in HD 20 years ago would be worth $9,933.56 today, highlighting the power of compounded returns.
August 28, 2024 | 5:30 pm
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Home Depot has outperformed the market over the past 20 years with an annualized return of 12.14%. A $1000 investment 20 years ago would be worth $9,933.56 today.
The article highlights Home Depot's strong historical performance, which may positively influence investor sentiment and attract long-term investors, potentially driving the stock price up in the short term.
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