AMGN MAKING MASHED POTATO'S
NO. 1 STOCK IN NASDAQ AND IBB, 10K INVESTMENT 30 YEARS AGO WOULD BE WORTH 10 MILLION DOLLARS
lookIing at a chart dating back to 1984 and compared it to the S&P 500 as well as other "mature growth" stocks, including McDonald's, Nike, Home Depot and Apple. Over the time period, Amgen rallied close to 100,000 percent, far outperforming the S&P 500 (INDEX: .SPX)'s 1,373 percent move, McDonald's (NYSE: MCD) nearly 6,000 percent rise, Nike (NYSE: NKE) and Home Depot (NYSE: HD)'s more than 20,000 percent move and Apple (NASDAQ: AAPL)'s 35,163 percent rally. if one had invested $10,000 in Amgen in 1984, it would have returned nearly $10 million.
lookIing at a chart dating back to 1984 and compared it to the S&P 500 as well as other "mature growth" stocks, including McDonald's, Nike, Home Depot and Apple. Over the time period, Amgen rallied close to 100,000 percent, far outperforming the S&P 500 (INDEX: .SPX)'s 1,373 percent move, McDonald's (NYSE: MCD) nearly 6,000 percent rise, Nike (NYSE: NKE) and Home Depot (NYSE: HD)'s more than 20,000 percent move and Apple (NASDAQ: AAPL)'s 35,163 percent rally. if one had invested $10,000 in Amgen in 1984, it would have returned nearly $10 million.
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