Here's How Much $1000 Invested In Adobe 20 Years Ago Would Be Worth Today
Adobe (NASDAQ:ADBE) has outperformed the market over the past 20 years by 2.34% on an annualized basis producing an average annual return of 11.56%. Currently, Adobe has a market capitalization of $115.91 billion.
Adobe's stock grew really well over the last 20 years, earning about 11.5% per year—which is better than most investments. When you see a company with a long track record like this, it shows the business kept doing well for a very long time, so it's worth paying attention to what it does today.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.