If You Invested $1000 In This Stock 20 Years Ago, You Would Have $74,000 Today
Portfolio Pulse from Benzinga Insights
Deckers Outdoor (NYSE:DECK) has significantly outperformed the market over the past 20 years, with an average annual return of 24.05%. A $1000 investment in DECK 20 years ago would be worth approximately $74,000 today. This highlights the power of compounded returns over time.
October 16, 2024 | 3:00 pm
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Deckers Outdoor has outperformed the market with a 24.05% average annual return over 20 years, turning a $1000 investment into $74,000. This demonstrates the impact of compounded returns.
The article highlights Deckers Outdoor's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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