$1000 Invested In This Stock 15 Years Ago Would Be Worth $10,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Textron (NYSE:TXT) has delivered an average annual return of 13.83%, outperforming the market. A $1000 investment in TXT 15 years ago would now be worth $10,386.39. Textron's market capitalization currently stands at $18.11 billion.
April 03, 2024 | 6:30 pm
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Textron has shown significant growth over the past 15 years, with a $1000 investment growing to $10,386.39, reflecting an average annual return of 13.83%.
The article highlights Textron's strong performance over the past 15 years, significantly outperforming the market with an average annual return of 13.83%. This historical performance, coupled with a current market capitalization of $18.11 billion, suggests a positive outlook for Textron's stock in the short term. The substantial growth of an initial $1000 investment into $10,386.39 over this period underlines the company's value appreciation and could attract more investors looking for long-term growth opportunities.
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