If You Invested $1000 In This Stock 10 Years Ago, You Would Have $8,700 Today
Portfolio Pulse from Benzinga Insights
First Citizens BancShares (NASDAQ:FCNCA) has significantly outperformed the market over the past decade, with an annualized return of 24.11%. A $1000 investment in FCNCA 10 years ago would now be worth $8,681.03, highlighting the power of compounded returns.
September 09, 2024 | 2:30 pm
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First Citizens BancShares has shown impressive growth over the past decade, outperforming the market with a 24.11% annualized return. This highlights the potential for significant gains through long-term investment and compounded returns.
The article highlights the strong historical performance of FCNCA, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term. The focus on compounded returns and significant growth over a decade underscores the stock's attractiveness.
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