If you had invested $1,000 in this stock 20 years ago, you would have…

If you had invested $1,000 in this stock 20 years ago, you would have…

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Raytheon Technologies RTX has outperformed the market by 1.04% on an annualized basis over the past 20 years and has produced a compound annual return of 8.4%. Currently, Raytheon Technologies has a market capitalization of $147.57 billion.

Buy $1000 in RTX: If an investor bought $1,000 worth of RTX stock 20 years ago, it would be worth it $4,908.44 today based on a price of $100.39 for RTX at the time of writing.

Raytheon Technologies 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.

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