$100 Invested In AutoZone 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
AutoZone (NYSE:AZO) has significantly outperformed the market over the past 20 years, with an annualized return of 20.45%. A $100 investment in AutoZone 20 years ago would now be worth $4,139.84. This highlights the power of compounded returns over time.
September 27, 2024 | 3:30 pm
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AutoZone has shown exceptional long-term performance with a 20.45% annualized return over 20 years, turning a $100 investment into $4,139.84. This demonstrates the company's strong market position and the benefits of compounded returns.
The article highlights AutoZone's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation. The focus on compounded returns underscores the company's consistent growth.
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