If You Invested $1000 In This Stock 10 Years Ago, You Would Have $2,800 Today
Portfolio Pulse from Benzinga Insights
Ciena (NYSE:CIEN) has delivered an average annual return of 11.91% over the past 10 years, outperforming the market by 1.05% annually. A $1000 investment in Ciena 10 years ago would be worth $2,788.37 today, highlighting the power of compounded returns.
August 30, 2024 | 2:33 pm
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Ciena has shown strong performance over the past decade with an average annual return of 11.91%, slightly outperforming the market. This highlights the potential for continued investor interest due to its historical growth.
Ciena's historical performance indicates strong growth potential, which may attract investors looking for consistent returns. The article emphasizes the power of compounded returns, suggesting a positive outlook.
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