$100 Invested In This Stock 15 Years Ago Would Be Worth $800 Today
Portfolio Pulse from Benzinga Insights
L3Harris Technologies (NYSE:LHX) has outperformed the market over the past 15 years with an average annual return of 14.95%, resulting in a significant growth of $100 invested 15 years ago to $786.85 today. The article highlights the power of compounded returns over time.
July 01, 2024 | 3:30 pm
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L3Harris Technologies has demonstrated strong performance over the past 15 years, with an average annual return of 14.95%. A $100 investment 15 years ago would now be worth $786.85, highlighting the company's consistent growth and the power of compounded returns.
The article emphasizes L3Harris Technologies' strong historical performance and the significant growth of an initial investment over 15 years. This positive historical performance is likely to boost investor confidence and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100