Here's How Much $1000 Invested In Lockheed Martin 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Lockheed Martin (NYSE:LMT) has produced an average annual return of 11.96%, outperforming the market by 4.12% on an annualized basis. A $1000 investment in LMT 20 years ago would be worth $9,583.24 today, showcasing the impact of compounded returns over time. Lockheed Martin's current market capitalization stands at $109.18 billion.
April 03, 2024 | 4:30 pm
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Lockheed Martin has shown a strong performance over the past 20 years, with a $1000 investment growing to $9,583.24, reflecting an 11.96% average annual return.
The article highlights Lockheed Martin's significant outperformance over the market for the past 20 years, which is likely to instill confidence in current and potential investors about the company's long-term value creation capability. This positive historical performance, especially the impressive return on a long-term investment, could lead to increased investor interest and potentially a positive impact on the stock price in the short term.
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