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Here's How Much You Would Have Made Owning Canadian National Railway Stock In The Last 20 Years

Published 20/10/2023, 22:31
© Reuters. Here's How Much You Would Have Made Owning Canadian National Railway Stock In The Last 20 Years
CNI
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Benzinga - by Benzinga Insights, Benzinga Staff Writer.

Canadian National Railway (NYSE:CNI) has outperformed the market over the past 20 years by 5.32% on an annualized basis producing an average annual return of 12.51%. Currently, Canadian National Railway has a market capitalization of $69.79 billion.

Buying $1000 In CNI: If an investor had bought $1000 of CNI stock 20 years ago, it would be worth $10,810.22 today based on a price of $106.45 for CNI at the time of writing.

Canadian National Railway's Performance Over Last 20 Years

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.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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