$100 Invested In This Stock 10 Years Ago Would Be Worth $300 Today
Portfolio Pulse from Benzinga Insights
Best Buy Co (NYSE:BBY) has outperformed the market over the past 10 years with an average annual return of 12.4%, resulting in a $100 investment growing to $318.47. This highlights the power of compounded returns.
September 03, 2024 | 5:34 pm
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Best Buy Co has shown strong performance over the past decade, outperforming the market with a 12.4% average annual return. A $100 investment 10 years ago would now be worth $318.47.
The article highlights Best Buy's strong historical performance, which may positively influence investor sentiment and potentially lead to a short-term price increase. The focus on compounded returns underscores the company's consistent growth.
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