If You Invested $1000 In This Stock 20 Years Ago, You Would Have $17,000 Today
Portfolio Pulse from Benzinga Insights
TJX Companies (NYSE:TJX) has delivered an average annual return of 15.06% over the past 20 years, outperforming the market by 7.51%. An initial investment of $1000 in TJX stock 20 years ago would be worth $16,955.81 today. The company currently has a market capitalization of $111.51 billion.
February 07, 2024 | 8:30 pm
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TJX Companies has shown a remarkable average annual return of 15.06% over the past 20 years, significantly outperforming the market.
The historical performance of TJX Companies, as highlighted, demonstrates a strong track record of growth over two decades. This consistent outperformance compared to the market average suggests a positive outlook for the stock, making it an attractive option for long-term investors. The significant increase in investment value from $1000 to $16,955.81 over 20 years underlines the power of compounded returns and the company's ability to generate shareholder value.
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