Textron (NYSE:TXT) has outperformed the market over the past 15 years by 1.36% on an annualized basis producing an average annual return of 13.32%. Currently, Textron has a market capitalization of $17.66 billion.
Buying $100 In TXT: If an investor had bought $100 of TXT stock 15 years ago, it would be worth $689.17 today based on a price of $92.62 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.