Here's How Much $1000 Invested In Ciena 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Ciena (NYSE:CIEN) has outperformed the market over the past 10 years with an average annual return of 15.21%, resulting in a $1000 investment growing to $4,281.03. The article highlights the impact of compounded returns over time.
October 16, 2024 | 9:31 pm
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Ciena has shown strong performance over the past decade, outperforming the market with a 15.21% average annual return. A $1000 investment 10 years ago would now be worth $4,281.03.
Ciena's consistent outperformance and significant return on investment over the past decade suggest a positive sentiment towards the stock, likely leading to a short-term price increase.
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RELEVANCE 100