$1000 Invested In American Express 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, American Express (NYSE:AXP) has produced an average annual return of 15.42%, outperforming the market by 3.96% on an annualized basis. A $1000 investment in AXP 15 years ago would be worth $8,483.30 today. American Express currently has a market cap of $123.14 billion.
December 12, 2023 | 7:01 pm
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American Express (AXP) has shown strong long-term performance with a 15.42% average annual return over 15 years, turning a $1000 investment into $8,483.30.
The historical performance data of American Express indicates a strong track record of returns, which may instill confidence in investors about the company's long-term growth potential. This positive retrospective analysis could lead to increased investor interest and a potential short-term uplift in AXP's stock price.
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