Textron (NYSE:TXT) has outperformed the market over the past 15 years by 2.46% on an annualized basis producing an average annual return of 15.11%. Currently, Textron has a market capitalization of $17.90 billion.
Buying $1000 In TXT: If an investor had bought $1000 of TXT stock 15 years ago, it would be worth $8,477.23 today based on a price of $93.06 for TXT at the time of writing.
Textron's Performance Over Last 15 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.