If You Invested $100 In This Stock 5 Years Ago, You Would Have $200 Today
Portfolio Pulse from Benzinga Insights
General Electric (NYSE:GE) has delivered an average annual return of 19.57% over the past 5 years, outperforming the market by 6.46% on an annualized basis. A $100 investment in GE stock 5 years ago would be worth $243.55 today. GE's market capitalization currently stands at $142.05 billion.
January 24, 2024 | 2:06 pm
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General Electric has shown strong performance with a 19.57% average annual return over the past 5 years, significantly outperforming the market.
The article highlights General Electric's robust returns over the past 5 years, which is likely to instill confidence in investors and could lead to a positive sentiment in the short term. The doubling of investment value over this period showcases the company's strong performance and may attract more investors looking for growth stocks.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100