$1000 Invested In This Stock 10 Years Ago Would Be Worth $3,000 Today
Portfolio Pulse from Benzinga Insights
Over the past decade, L3Harris Technologies (NYSE:LHX) has delivered an average annual return of 11.65%, outperforming the market. A $1000 investment in LHX 10 years ago would be worth $3,013.86 today. L3Harris has a current market cap of $37.93 billion. The article highlights the impact of compounded returns on investment growth over time.
December 12, 2023 | 4:00 pm
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L3Harris Technologies has demonstrated strong performance with an 11.65% average annual return over the past 10 years, significantly growing a $1000 investment to $3,013.86.
The historical performance of L3Harris Technologies suggests a strong track record, which could instill confidence in investors and potentially attract more interest in the stock. The emphasis on compounded returns over a significant period is a positive signal for long-term investors, which might lead to a short-term positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100