Here's How Much $1000 Invested In General Electric 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, General Electric (NYSE:GE) has outperformed the market with an annualized return of 19.54%, turning a $1000 investment into $2,440.76. GE's market capitalization stands at $161.72 billion.
February 15, 2024 | 9:31 pm
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General Electric has demonstrated strong performance over the past 5 years, with a 19.54% annualized return, significantly outperforming the market.
The significant outperformance of General Electric compared to the market over the past 5 years, as indicated by a 19.54% annualized return, suggests a strong positive sentiment and operational success. This historical performance, coupled with a substantial market capitalization of $161.72 billion, indicates a robust financial position and could lead to continued investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100