$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,700 Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, General Electric (NYSE:GE) has produced an average annual return of 22.25%, outperforming the market by 9.29% on an annualized basis. A $1000 investment in GE 5 years ago would now be worth $2,653.29, showcasing the impact of compounded returns on cash growth. GE's market capitalization currently stands at $184.77 billion.
March 18, 2024 | 5:30 pm
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General Electric has shown significant growth over the past 5 years, with a $1000 investment growing to $2,653.29, reflecting an average annual return of 22.25%.
The substantial growth in GE's stock value over the past 5 years, outperforming the market, indicates a strong performance and potential for continued positive momentum. The high average annual return and the significant increase in investment value highlight GE's robust financial health and market position.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100