$100 Invested In Nike 20 Years Ago Would Be Worth This Much Today

Nike NKE has outperformed the market over the past 20 years by 4.65% on an annualized basis producing an average annual return of 12.31%. Currently, Nike has a market capitalization of $143.10 billion.

Buying $100 In NKE: If an investor had bought $100 of NKE stock 20 years ago, it would be worth $1,031.44 today based on a price of $94.81 for NKE at the time of writing.

Nike's Performance Over Last 20 Years

comp_fig

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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsTrading IdeasBZI-POD
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!