$1000 Invested In This Stock 20 Years Ago Would Be Worth $38,000 Today
Portfolio Pulse from Benzinga Insights
Illumina (NASDAQ:ILMN) has significantly outperformed the market over the past 20 years, with an annualized return of 19.91%. A $1000 investment in Illumina 20 years ago would be worth $37,705.05 today, highlighting the power of compounded returns.
September 11, 2024 | 7:30 pm
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Illumina has shown exceptional long-term performance with a 19.91% annualized return over 20 years, significantly outperforming the market. This highlights the potential of long-term investments in the company.
The article emphasizes Illumina's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation. The focus on long-term returns suggests confidence in the company's growth prospects.
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