Netflix NFLX has significantly outperformed the market over the past 20 years. With an annualized return of 28.78%, an initial investment of $100 in NFLX would be worth $15,316.97 today, based on the current stock price of $556.89. This highlights the power of compounding returns in building long-term wealth.
The stock market witnessed a decline on the last trading day, with ITC shares facing a downward trend. The stock opened at 427.4 and closed at 424.8, marking a decrease of 2.6 points. The high for the day was 427.6, while the low reached 423.35. Despite the drop, the market capitalization of ITC remained substantial at 530,912.78 crore.
Progressive Corporation (PGR) has consistently outperformed the market, generating impressive returns for investors over the past two decades. With an average annual return of 12.11% and a 4.34% annualized outperformance against the market, PGR has established itself as a solid investment choice.
