BusinessNews
0

$1000 Invested In This Stock 5 Years Ago Would Be Worth $3,000 Today

Canadian Natural Res CNQ has outperformed the market over the past 5 years by 10.3% on an annualized basis producing an average annual return of 24.46%. Currently, Canadian Natural Res has a market capitalization of $79.80 billion.

Buying $1000 In CNQ: If an investor had bought $1000 of CNQ stock 5 years ago, it would be worth $2,967.81 today based on a price of $37.51 for CNQ at the time of writing.

Canadian Natural Res’s Performance Over Last 5 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

More Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed