Nike NKE has outperformed the market over the previous 20 years by 1.09% on an annualized foundation producing a median annual return of 9.4%. At the moment, Nike has a market capitalization of $92.25 billion.
Shopping for $1000 In NKE: If an investor had purchased $1000 of NKE inventory 20 years in the past, it might be value $6,052.38 in the present day based mostly on a value of $62.37 for NKE on the time of writing.
Nike’s Efficiency Over Final 20 Years
Lastly — what is the level of all this? The important thing perception to take from this text is to notice how a lot of a distinction compounded returns could make in your money development over a time frame.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.
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