If You Invested $100 In This Stock 15 Years Ago, You Would Have $1,400 Today
Portfolio Pulse from Benzinga Insights
Textron (NYSE:TXT) has significantly outperformed the market over the past 15 years, with an average annual return of 18.85%, turning a $100 investment into $1,396.69 today. The company's market capitalization currently stands at $16.87 billion.
February 13, 2024 | 6:00 pm
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Textron's stock has shown remarkable growth over the past 15 years, with an average annual return of 18.85%, significantly outperforming the market.
The article highlights Textron's exceptional performance over the past 15 years, showcasing its ability to generate compounded returns significantly above the market average. This historical performance, especially with a substantial average annual return of 18.85%, suggests a strong track record that could continue to attract investor interest in the short term, potentially driving the stock price up.
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