$1000 Invested In This Stock 20 Years Ago Would Be Worth $8,700 Today
Portfolio Pulse from Benzinga Insights
Nike (NYSE:NKE) has outperformed the market over the past 20 years with an average annual return of 11.39%, resulting in a $1000 investment growing to $8,660.93. This highlights the power of compounded returns over time.
September 06, 2024 | 2:00 pm
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Nike has shown strong performance over the past 20 years, with an average annual return of 11.39%, significantly outperforming the market. A $1000 investment 20 years ago would now be worth $8,660.93.
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 returns underscores Nike's stability and growth potential.
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