Here's How Much $100 Invested In Nike 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Nike (NYSE:NKE) has outperformed the market over the past 20 years, achieving an average annual return of 11.41%. A $100 investment in Nike 20 years ago would be worth $868.45 today, highlighting the power of compounded returns.
August 29, 2024 | 3:31 pm
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Nike has significantly outperformed the market over the past 20 years, with an average annual return of 11.41%. A $100 investment 20 years ago would now be worth $868.45, demonstrating strong long-term growth.
The article highlights Nike's strong historical performance, which may positively influence investor sentiment and potentially lead to a short-term price increase. The focus on long-term growth and compounding returns is likely to attract investors looking for stable growth stocks.
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