American Express (NYSE:AXP) has outperformed the market over the past 20 years by 1.5% on an annualized basis producing an average annual return of 8.78%. Currently, American Express has a market capitalization of $144.03 billion.
Buying $1000 In AXP: If an investor had bought $1000 of AXP stock 20 years ago, it would be worth $5,460.29 today based on a price of $190.19 for AXP at the time of writing.
American Express'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.
