Lockheed Martin (NYSE:LMT) has outperformed the market over the past 20 years by 4.16% on an annualized basis.
Buying $1,000 In LMT: 20 years ago, an investor could have purchased 17.72 shares of Lockheed Martin at the time with $1,000. This investment in LMT would have produced an average annual return of 10.9%. Currently, Lockheed Martin has a market capitalization of $122.25 billion.
Lockheed Martin's Share Price Over Last 20 Years
If you had invested $1,000 in Lockheed Martin you would have approximately $7,956.31 today.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
