If You Invested $1000 In This Stock 20 Years Ago, You Would Have $12,000 Today
Portfolio Pulse from Benzinga Insights
Linde (NASDAQ:LIN) has significantly outperformed the market over the past 20 years, with an annualized return of 12.95%. A $1000 investment in Linde 20 years ago would be worth $11,613.16 today. The article highlights the power of compounded returns over time.
October 17, 2024 | 5:32 pm
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Linde has outperformed the market with a 12.95% annualized return over 20 years, turning a $1000 investment into $11,613.16. This highlights the effectiveness of long-term investing and compounded returns.
The article emphasizes Linde's strong historical performance and the benefits of compounded returns, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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