$100 Invested In Gildan Activewear 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Gildan Activewear (NYSE:GIL) has outperformed the market over the past 20 years with an average annual return of 13.6%, surpassing the market by 5.21% annually. A $100 investment in GIL 20 years ago would now be worth $1,293.35. The article highlights the power of compounded returns over time.
October 02, 2024 | 2:04 pm
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Gildan Activewear has shown strong performance over the past 20 years, with an average annual return of 13.6%, outperforming the market. A $100 investment 20 years ago would now be worth $1,293.35.
The article highlights Gildan Activewear's strong historical performance, which may positively influence investor sentiment and potentially lead to a short-term price increase. The focus on compounded returns emphasizes the company's long-term value creation.
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