Here's How Much You Would Have Made Owning Nike Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Nike (NYSE:NKE) has outperformed the market over the past 20 years with an average annual return of 11.16%, surpassing the market by 2.54% annually. A $100 investment in Nike 20 years ago would be worth $839.44 today.
October 17, 2024 | 2:33 pm
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Nike has shown strong performance over the past 20 years, with an average annual return of 11.16%, outperforming the market by 2.54%. A $100 investment 20 years ago would now be worth $839.44.
The article highlights Nike's strong historical performance, which may positively influence investor sentiment and potentially lead to a short-term price increase. The focus on long-term returns emphasizes Nike's reliability as an investment.
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