$100 Invested In This Stock 20 Years Ago Would Be Worth $2,100 Today
Portfolio Pulse from Benzinga Insights
Adobe (NASDAQ:ADBE) has significantly outperformed the market over the past 20 years, with an annualized return of 16.54%. A $100 investment in Adobe 20 years ago would be worth $2,125.94 today, highlighting the power of compounded returns.
September 23, 2024 | 9:30 pm
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Adobe has outperformed the market with a 16.54% annualized return over 20 years. A $100 investment 20 years ago is now worth $2,125.94, demonstrating strong long-term growth.
The article highlights Adobe's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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