If You Invested $100 In This Stock 15 Years Ago, You Would Have $500 Today

If You Invested $100 In This Stock 15 Years Ago, You Would Have $500 Today

 

Lockheed Martin LMT has outperformed the market over the past 15 years by 3.29% on an annualized basis producing an average annual return of 10.67%. Currently, Lockheed Martin has a market capitalization of $117.53 billion.

Buying $100 In LMT: If an investor had bought $100 of LMT stock 15 years ago, it would be worth $453.29 today based on a price of $443.27 for LMT at the time of writing.

Lockheed Martin's Performance Over Last 15 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.

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