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This Stock Has Averaged a 20% Annual Return Since 1965


For nearly two months, Wall Street has been taken for quite the roller-coaster ride.

Following an all-time closing high for the benchmark S&P 500 (SNPINDEX: ^GSPC) on Feb. 19, it took just 17 trading sessions for the broad-based index to lose more than 20% of its value and fall into bear market territory. It also took a mere 22 trading sessions (about a month) to lose in excess of 30%. By comparison, previous bear markets have taken an average of 336 calendar days to reach losses of 30%.

Image source: Getty Images.

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Source Fool.com

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