Here’s How Much You Would Have Made Owning Lockheed Martin Stock…

Here’s How Much You Would Have Made Owning Lockheed Martin Stock…

Facebook
Twitter
LinkedIn

Lockheed Martin LMT has outperformed the market by 2.64% on an annualized basis over the past 15 years and has produced a compound annual return of 9.95%. Lockheed Martin currently has a market capitalization of $117.65 billion.

Buying $1000 in LMT: If an investor bought $1,000 worth of LMT stock 15 years ago, it would be worth it $4,219.48 today based on a price of $448.90 for LMT at the time of writing.

Lockheed Martin’s performance over the past 15 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 created by Benzinga’s automated content engine and reviewed by an editor.

[ad_2]

Source story

More to explorer