Here's How Much You Would Have Made Owning L3Harris Technologies Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
L3Harris Technologies (NYSE:LHX) has delivered an average annual return of 12.0% over the past 20 years, outperforming the market by 4.52% on an annualized basis. A $1000 investment in LHX 20 years ago would be worth $9,764.63 today. The company's current market capitalization stands at $35.44 billion.
November 16, 2023 | 7:00 pm
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L3Harris Technologies has shown strong long-term performance with a 12.0% average annual return over 20 years, significantly outpacing the market.
The historical performance data of L3Harris Technologies indicates a strong track record of growth, which can be a positive signal to investors. The information about past performance, especially when it outperforms the market, can instill confidence in the company's future prospects and potentially lead to an increase in stock price in the short term.
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