Here's How Much You Would Have Made Owning Home Depot Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Home Depot (NYSE:HD) has significantly outperformed the market over the past 20 years, with an average annual return of 12.04%. A $100 investment in HD stock 20 years ago would now be worth $973.76. This highlights the power of compounded returns over time.
October 24, 2024 | 3:00 pm
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Home Depot has outperformed the market over the past 20 years, with an average annual return of 12.04%. A $100 investment 20 years ago would now be worth $973.76, demonstrating the power of compounded returns.
The article highlights Home Depot's strong historical performance, which may positively influence investor sentiment and potentially lead to a short-term price increase. The focus on compounded returns underscores the company's long-term value proposition.
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