Northrop Grumman (NYSE:NOC) has outperformed the market over the past 20 years by 3.49% on an annualized basis producing an average annual return of 10.6%. Currently, Northrop Grumman has a market capitalization of $70.35 billion.
Buying $1000 In NOC: If an investor had bought $1000 of NOC stock 20 years ago, it would be worth $7,433.36 today based on a price of $452.58 for NOC at the time of writing.
Northrop Grumman'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.
