$100 Invested In L3Harris Technologies 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, L3Harris Technologies (NYSE:LHX) has produced an average annual return of 11.29%, outperforming the market by 3.75% on an annualized basis. A $100 investment in LHX 20 years ago would be worth $856.89 today, showcasing the impact of compounded returns on cash growth over time. L3Harris Technologies currently has a market capitalization of $39.37 billion.
February 07, 2024 | 7:00 pm
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L3Harris Technologies has shown significant growth over the past 20 years, with a $100 investment growing to $856.89, reflecting an 11.29% average annual return.
The article highlights L3Harris Technologies' strong performance over the past two decades, significantly outperforming the market. This historical performance, coupled with a substantial market capitalization, suggests a positive outlook for LHX in the short term, as investors may be drawn to its proven track record of generating above-average returns.
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