$1000 Invested In This Stock 15 Years Ago Would Be Worth $11,000 Today
Portfolio Pulse from Benzinga Insights
Autodesk (NASDAQ:ADSK) has significantly outperformed the market over the past 15 years, with an annualized return of 17.25%. A $1000 investment in ADSK 15 years ago would be worth approximately $11,000 today, highlighting the power of compounded returns.
October 09, 2024 | 5:00 pm
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Autodesk has outperformed the market with a 17.25% annualized return over 15 years, turning a $1000 investment into nearly $11,000. This highlights the effectiveness of long-term investing and compounded returns.
The article highlights Autodesk'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 value of long-term investment in ADSK.
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