Here's How Much $1000 Invested In General Dynamics 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, General Dynamics (NYSE:GD) has produced an average annual return of 9.4%, outperforming the market by 1.74% on an annualized basis. A $1000 investment in GD 20 years ago would be worth $5,976 today. General Dynamics currently has a market capitalization of $75.34 billion.
February 26, 2024 | 3:30 pm
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General Dynamics has shown a strong performance over the past 20 years with an average annual return of 9.4%, turning a $1000 investment into $5,976.
The significant long-term performance of General Dynamics, as highlighted by the 9.4% average annual return over 20 years, demonstrates the company's strong market position and consistent growth. This historical performance, coupled with a substantial market capitalization of $75.34 billion, suggests a positive outlook for GD's stock in the short term. Investors may view this track record as a sign of stability and potential for continued growth, likely influencing a positive sentiment towards GD's stock.
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