$100 Invested In American Express 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, American Express (NYSE:AXP) has produced an average annual return of 18.84%, outperforming the market by 6.13% annually. A $100 investment in AXP 15 years ago would now be worth $1,294.38. The company currently has a market capitalization of $150.91 billion.
February 08, 2024 | 3:30 pm
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American Express has shown significant growth over the past 15 years, with a $100 investment growing to $1,294.38, reflecting an 18.84% average annual return.
The substantial growth in investment value over 15 years, coupled with an average annual return of 18.84% that outperforms the market, indicates a positive outlook for American Express. This historical performance, especially in a long-term investment scenario, suggests a strong and stable company, likely leading to continued investor confidence and potentially positive short-term impact on AXP's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100