$100 Invested In Nike 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Nike (NYSE:NKE) has outperformed the market over the past 20 years with an average annual return of 11.56%, resulting in a $100 investment growing to $885.22. This highlights the power of compounded returns.
October 01, 2024 | 2:00 pm
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Nike has shown strong performance over the past 20 years, with an average annual return of 11.56%, significantly outperforming the market.
The article highlights Nike's strong historical performance, which may positively influence investor sentiment and potentially lead to a short-term price increase.
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