$1000 invested in Lockheed Martin 20 years ago would be worth it…

$1000 invested in Lockheed Martin 20 years ago would be worth it…

Facebook
Twitter
LinkedIn

Lockheed Martin LMT has outperformed the market by 4.27% on an annual basis over the past 20 years and has produced a compound annual return of 12.43%. Lockheed Martin currently has a market capitalization of $120.75 billion.

Buying $1000 in LMT: If an investor bought $1,000 worth of LMT stock 20 years ago, it would be worth it $10,608.31 today based on a price of $472.99 for LMT at the time of writing.

Lockheed Martin’s performance over the last 20 years

Finally – what is all this? The most important takeaway to take from this article is how much of a difference compound 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.

[ad_2]

Source story

More to explorer