share_log

If You Invested $1000 In This Stock 20 Years Ago, You Would Have $6,800 Today

Benzinga ·  Sep 16 10:00

Canadian Natural Res (NYSE:CNQ) has outperformed the market over the past 20 years by 1.66% on an annualized basis producing an average annual return of 10.1%. Currently, Canadian Natural Res has a market capitalization of $67.58 billion.

Buying $1000 In CNQ: If an investor had bought $1000 of CNQ stock 20 years ago, it would be worth $6,842.22 today based on a price of $31.77 for CNQ at the time of writing.

Canadian Natural Res's Performance Over Last 20 Years

1726495249_0.png

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment