JPMorgan Chase (NYSE:JPM) has outperformed the market over the past 20 years by 1.04% on an annualized basis.
Buying $100 In JPM: 20 years ago, an investor could have purchased 3.08 shares of JPMorgan Chase at the time with $100. This investment in JPM would have produced an average annual return of 7.93%. Currently, JPMorgan Chase has a market capitalization of $442.21 billion.
JPMorgan Chase's Share Price Over Last 20 Years
If you had invested $100 in JPMorgan Chase you would have approximately $460.65 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.