If You Invested $1000 In This Stock 20 Years Ago, You Would Have $10,000 Today
Portfolio Pulse from Benzinga Insights
Autodesk (NASDAQ:ADSK) has significantly outperformed the market over the past 20 years, with an annualized return of 12.23%. A $1000 investment in ADSK 20 years ago would be worth $10,019.77 today. The article highlights the power of compounded returns over time.
October 30, 2024 | 9:00 pm
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Autodesk has shown strong long-term performance, with a 12.23% annualized return over 20 years, significantly outperforming the market. This highlights the potential for continued investor confidence in the stock.
The article emphasizes Autodesk's strong historical performance, which may boost investor confidence and positively impact the stock price in the short term. The focus on compounded returns suggests a continued positive outlook.
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