Here's How Much $1000 Invested In TJX Companies 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, TJX Companies (NYSE:TJX) has produced an average annual return of 15.18%, outperforming the market by 7.64% on an annualized basis. A $1000 investment in TJX stock 20 years ago would be worth $17,053.08 today. TJX currently has a market capitalization of $103.45 billion. The article highlights the impact of compounded returns on investment growth over time.
December 20, 2023 | 6:30 pm
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TJX Companies has demonstrated strong performance with an average annual return of 15.18% over the past 20 years, significantly outperforming the market.
The historical performance data provided for TJX Companies indicates a strong track record of returns, which could positively influence investor perception and potentially lead to increased investor interest in the short term. The information about past performance, especially when it significantly outperforms the market, is often viewed positively by investors and could lead to a short-term increase in stock price.
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