If you had invested $1000 in this stock 10 years ago, you would have…

If you had invested $1000 in this stock 10 years ago, you would have…

Facebook
Twitter
LinkedIn

L3Harris Technologies LHX has outperformed the market by 8.05% on an annualized basis over the past 10 years and has produced an average annual return of 18.5%. Currently, L3Harris Technologies has a market capitalization of $47.83 billion.

Buy $1000 in LHX: If an investor bought $1,000 worth of LHX stock 10 years ago, it would be worth it $5,460.68 today based on a price of $249.96 for LHX at the time of writing.

L3Harris Technologies performance over the past 10 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