$1000 Invested In TJX Companies 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, TJX Companies (NYSE:TJX) has produced an average annual return of 15.08%, outperforming the market by 7.64% on an annualized basis. A $1000 investment in TJX stock 20 years ago would be worth $16,481.03 today. The company's current market capitalization stands at $107.98 billion. The article highlights the significant impact of compounded returns on investment growth over time.
January 19, 2024 | 7:30 pm
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TJX Companies has demonstrated strong long-term performance with an average annual return of 15.08% over the past 20 years, significantly outperforming the market.
The historical performance data provided for TJX Companies indicates a strong track record of growth, which could instill confidence in investors about the company's long-term potential. This positive retrospective analysis may lead to increased investor interest and a potential short-term uplift in the stock price, as it underscores the company's ability to deliver above-average returns over an extended period.
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