Nike (NYSE:NKE) has outperformed the market over the past 20 years by 7.42% on an annualized basis producing an average annual return of 15.59%. Currently, Nike has a market capitalization of $165.23 billion.
Buying $100 In NKE: If an investor had bought $100 of NKE stock 20 years ago, it would be worth $1,767.27 today based on a price of $104.99 for NKE at the time of writing.
Nike’s Performance Over Last 20 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
