If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,200 Today
Portfolio Pulse from Benzinga Insights
Ciena (NYSE:CIEN) has outperformed the market over the past 10 years with an average annual return of 12.22%, resulting in a $1,000 investment growing to $3,165.82. The article highlights the impact of compounded returns over time.
September 16, 2024 | 2:30 pm
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Ciena has shown strong performance over the past decade, outperforming the market with a 12.22% average annual return. A $1,000 investment 10 years ago would now be worth $3,165.82.
Ciena's consistent performance and market outperformance over the past decade suggest a positive investor sentiment, likely leading to a short-term positive impact on its stock price.
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