If You Invested $1000 In This Stock 20 Years Ago, You Would Have $8,700 Today
Portfolio Pulse from Benzinga Insights
EOG Resources (NYSE:EOG) has significantly outperformed the market over the past 20 years, with an annualized return of 11.42%. A $1000 investment in EOG 20 years ago would be worth $8,738.63 today, highlighting the power of compounded returns.
August 28, 2024 | 7:00 pm
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EOG Resources has outperformed the market with an 11.42% annualized return over 20 years. A $1000 investment 20 years ago would now be worth $8,738.63, demonstrating strong long-term growth.
The article highlights EOG'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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