$100 Invested In This Stock 20 Years Ago Would Be Worth $1,300 Today
Portfolio Pulse from Benzinga Insights
BlackRock (NYSE:BLK) has significantly outperformed the market over the past 20 years, with an annualized return of 13.46%. A $100 investment in BLK 20 years ago would be worth $1,264.42 today, highlighting the power of compounded returns.
September 26, 2024 | 6:30 pm
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BlackRock has delivered a 13.46% annualized return over 20 years, outperforming the market. A $100 investment 20 years ago is now worth $1,264.42, demonstrating the impact of compounded returns.
The article highlights BlackRock's strong historical performance, which may positively influence investor sentiment and attract long-term investors, potentially driving the stock price up in the short term.
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