If You Invested $100 In This Stock 20 Years Ago, You Would Have $900 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Lockheed Martin (NYSE:LMT) has outperformed the market with an annualized return of 11.94%, turning a $100 investment into $949.63. The company's market capitalization stands at $103.69 billion.
February 29, 2024 | 4:00 pm
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Lockheed Martin has demonstrated significant long-term growth, with a $100 investment growing to $949.63 over 20 years.
The article highlights Lockheed Martin's robust performance over two decades, emphasizing the power of compounded returns. Given the historical data, investors might view LMT as a potentially strong long-term investment, likely leading to a positive short-term sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100