Nike (NYSE:NKE) has outperformed the market over the past 20 years by 8.53% on an annualized basis producing an average annual return of 16.69%. Currently, Nike has a market capitalization of $192.77 billion.
Buying $1000 In NKE: If an investor had bought $1000 of NKE stock 20 years ago, it would be worth $21,975.01 today based on a price of $124.32 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.
