If You Invested $100 In This Stock 20 Years Ago, You Would Have $600 Today
Portfolio Pulse from Benzinga Insights
General Dynamics (NYSE:GD) has delivered an average annual return of 9.62% over the past 20 years, outperforming the market by 1.64% annually. A $100 investment in GD 20 years ago would be worth $623.23 today, showcasing the impact of compounded returns over time. General Dynamics currently has a market capitalization of $78.91 billion.
May 03, 2024 | 4:30 pm
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General Dynamics has shown a strong performance over the past 20 years with an average annual return of 9.62%, turning a $100 investment into $623.23 today.
The article highlights General Dynamics' (GD) consistent outperformance over the market for the past two decades, emphasizing the significance of compounded returns in wealth growth. This historical performance, coupled with its current market capitalization of $78.91 billion, suggests a positive outlook for GD, potentially attracting more investors seeking long-term growth.
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