Here's How Much $100 Invested In Lockheed Martin 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Lockheed Martin (NYSE:LMT) has outperformed the market by 4.5% on an annualized basis, producing an average annual return of 11.93%. If an investor had bought $100 of LMT stock 20 years ago, it would be worth $961.25 today. The company currently has a market capitalization of $109.65 billion.
October 16, 2023 | 2:00 pm
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Lockheed Martin has shown strong performance over the past 20 years, outperforming the market by 4.5% on an annualized basis. This historical performance may attract investors looking for long-term investments.
The news highlights the strong historical performance of Lockheed Martin, which has outperformed the market over the past 20 years. This could potentially attract investors looking for stable, long-term investments, thereby positively impacting the stock price in the short term.
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