If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,000 Today
Portfolio Pulse from Benzinga Insights
Wheaton Precious Metals (NYSE:WPM) has delivered an average annual return of 15.34% over the past 5 years, outperforming the market by 1.4% annually. A $1000 investment in WPM 5 years ago would be worth $2,041.57 today, highlighting the power of compounded returns.
August 28, 2024 | 9:00 pm
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Wheaton Precious Metals has shown strong performance over the past 5 years, with an average annual return of 15.34%, outperforming the market. A $1000 investment 5 years ago would now be worth $2,041.57.
The article highlights WPM's strong historical performance, which may attract more investors and positively impact its stock price in the short term. The emphasis on compounded returns could lead to increased interest in the stock.
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