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$1000 Invested In This Stock 20 Years Ago Would Be Worth $6,500 Today

Benzinga ·  Oct 10 13:01

Honeywell Intl (NASDAQ:HON) has outperformed the market over the past 20 years by 1.05% on an annualized basis producing an average annual return of 9.65%. Currently, Honeywell Intl has a market capitalization of $138.37 billion.

Buying $1000 In HON: If an investor had bought $1000 of HON stock 20 years ago, it would be worth $6,456.51 today based on a price of $212.98 for HON at the time of writing.

Honeywell Intl's Performance Over Last 20 Years

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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
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