$1000 Invested In Lockheed Martin 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Lockheed Martin (NYSE:LMT) has produced an average annual return of 12.35%, outperforming the market by 2.36% on an annualized basis. A $1000 investment in LMT a decade ago would be worth $3,221.56 today. Lockheed Martin's market capitalization currently stands at $111.94 billion.
December 12, 2023 | 6:01 pm
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Lockheed Martin has demonstrated strong performance with a 12.35% average annual return over the past 10 years, significantly growing a $1000 investment to $3,221.56.
The historical performance of Lockheed Martin is indicative of the company's strong financial health and consistent growth over a significant period. This track record is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price as it highlights the company's ability to deliver above-market returns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100