$100 Invested In This Stock 5 Years Ago Would Be Worth $300 Today
Portfolio Pulse from Benzinga Insights
General Electric (NYSE:GE) has delivered an average annual return of 23.31% over the past 5 years, outperforming the market by 10.62% on an annualized basis. A $100 investment in GE stock 5 years ago would be worth $287.10 today. GE's market capitalization currently stands at $133.13 billion.
December 12, 2023 | 9:31 pm
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General Electric has significantly outperformed the market with a 23.31% average annual return over the past 5 years, with a $100 investment growing to $287.10 in value.
The historical performance of General Electric is indicative of strong growth over the past 5 years, which may instill confidence in investors about the company's future prospects. The significant outperformance compared to the market could attract more investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100