If You Invested $100 In This Stock 20 Years Ago, You Would Have $1,000 Today
Portfolio Pulse from Benzinga Insights
Home Depot (NYSE:HD) has significantly outperformed the market over the past 20 years, with an annualized return of 12.22%. A $100 investment in HD 20 years ago would be worth $1,013.02 today, highlighting the power of compounded returns.
September 25, 2024 | 7:30 pm
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Home Depot has shown strong performance over the past 20 years, with an annualized return of 12.22%. A $100 investment 20 years ago would now be worth $1,013.02, demonstrating the impact of compounded returns.
The article highlights Home Depot's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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