L3Harris Technologies (NYSE:LHX) has outperformed the market over the past 20 years by 3.59% on an annualized basis producing an average annual return of 11.91%. Currently, L3Harris Technologies has a market capitalization of $43.64 billion.
Buying $100 In LHX: If an investor had bought $100 of LHX stock 20 years ago, it would be worth $957.53 today based on a price of $230.06 for LHX at the time of writing.
L3Harris Technologies's Performance Over Last 20 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.