Here's How Much $100 Invested In L3Harris Technologies 20 Years Ago Would Be Worth Today

L3Harris Technologies LHX has outperformed the market over the past 20 years by 7.57% on an annualized basis producing an average annual return of 15.05%. Currently, L3Harris Technologies has a market capitalization of $42.19 billion.

Buying $100 In LHX: If an investor had bought $100 of LHX stock 20 years ago, it would be worth $1,674.27 today based on a price of $221.59 for LHX at the time of writing.

L3Harris Technologies'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.