share_log

$100 Invested In This Stock 20 Years Ago Would Be Worth $600 Today

Benzinga ·  Aug 28 15:00

General Dynamics (NYSE:GD) has outperformed the market over the past 20 years by 1.1% on an annualized basis producing an average annual return of 9.4%. Currently, General Dynamics has a market capitalization of $79.82 billion.

Buying $100 In GD: If an investor had bought $100 of GD stock 20 years ago, it would be worth $603.42 today based on a price of $290.50 for GD at the time of writing.

General Dynamics's Performance Over Last 20 Years

1724871644_0.png

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment