Here's How Much $100 Invested In American Express 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
American Express (NYSE:AXP) has delivered an average annual return of 16.88% over the past 15 years, outperforming the market by 4.8% annually. A $100 investment in AXP 15 years ago would now be worth $1,110.61. The company's current market capitalization stands at $135.00 billion.
January 23, 2024 | 6:04 pm
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American Express has significantly outperformed the market with a 16.88% average annual return over the past 15 years, turning a $100 investment into $1,110.61.
The historical performance of American Express, as detailed in the article, is likely to instill confidence in investors about the company's long-term growth potential. This positive retrospective view could lead to a short-term increase in investor interest and potentially boost the stock price.
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IMPORTANCE 75
RELEVANCE 100