Here's How Much You Would Have Made Owning JPMorgan Chase Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Over the past 10 years, JPMorgan Chase (NYSE:JPM) has produced an average annual return of 11.56%, outperforming the market by 1.14% on an annualized basis. With a current market capitalization of $502.56 billion, a $1000 investment in JPM stock a decade ago would be worth $2,986.84 today.
February 14, 2024 | 2:30 pm
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JPMorgan Chase has demonstrated significant growth over the past decade with an average annual return of 11.56%, outperforming the market. A $1000 investment in JPM 10 years ago would now be worth $2,986.84.
The article highlights JPMorgan Chase's strong performance over the last decade, indicating a robust and stable growth trajectory. This historical performance, especially the outperformance compared to the market, suggests a positive outlook for JPM in the short term. Investors might view this track record as a sign of the company's resilience and potential for continued growth, potentially leading to increased investor confidence and a positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100