American Express (NYSE:AXP) has outperformed the market over the past 15 years by 4.9% on an annualized basis producing an average annual return of 16.59%. Currently, American Express has a market capitalization of $135.22 billion.
Buying $1000 In AXP: If an investor had bought $1000 of AXP stock 15 years ago, it would be worth $10,308.33 today based on a price of $185.55 for AXP at the time of writing.
American Express'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.