$100 Invested In This Stock 20 Years Ago Would Be Worth $700 Today
Portfolio Pulse from Benzinga Insights
Western Digital (NASDAQ:WDC) has outperformed the market over the past 20 years with an average annual return of 10.59%, resulting in a $100 investment growing to $742.16. This highlights the power of compounded returns over time.
September 27, 2024 | 2:30 pm
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Western Digital has shown strong long-term performance, outperforming the market with a 10.59% average annual return over 20 years. This demonstrates the effectiveness of compounded returns.
The article highlights Western Digital's strong historical performance, which may positively influence investor sentiment and potentially lead to a short-term price increase. The focus on compounded returns underscores the company's long-term value proposition.
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