If You Invested $1000 In This Stock 15 Years Ago, You Would Have $7,100 Today
Portfolio Pulse from Benzinga Insights
L3Harris Technologies (NYSE:LHX) has delivered an average annual return of 14.16% over the past 15 years, turning a $1000 investment into $7,080.98 today. The company's market capitalization stands at $39.06 billion.
April 10, 2024 | 9:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
L3Harris Technologies has shown a strong performance with an average annual return of 14.16% over the past 15 years, significantly outperforming the market.
The historical performance of L3Harris Technologies, as detailed in the article, demonstrates a strong and consistent return on investment over a 15-year period. This track record of outperforming the market is likely to instill confidence in current and potential investors, potentially leading to a positive short-term impact on the stock price. The significant appreciation in investment value from $1000 to $7,080.98 underscores the company's growth and profitability, which are key factors that investors consider when assessing a stock's potential for future gains.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100