$100 Invested In This Stock 10 Years Ago Would Be Worth $800 Today
Portfolio Pulse from Benzinga Insights
Adobe (NASDAQ:ADBE) has significantly outperformed the market over the past decade, with an average annual return of 22.78%. A $100 investment in Adobe 10 years ago would now be worth approximately $779.37, highlighting the power of compounded returns.
September 06, 2024 | 3:00 pm
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Adobe has outperformed the market over the past 10 years, with an average annual return of 22.78%. A $100 investment 10 years ago would now be worth $779.37, demonstrating strong growth and the impact of compounded returns.
The article highlights Adobe's strong historical performance, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term. The focus on compounded returns underscores the company's consistent growth.
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