If You Invested $100 In This Stock 20 Years Ago, You Would Have $600 Today
Portfolio Pulse from Benzinga Insights
Honeywell International (NASDAQ: HON) has outperformed the market over the past 20 years with an average annual return of 9.51%, resulting in a $100 investment growing to $595.33. The article highlights the power of compounded returns over time.
July 30, 2024 | 2:02 pm
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Honeywell International has shown strong performance over the past 20 years, with an average annual return of 9.51%. A $100 investment 20 years ago would now be worth $595.33.
The article highlights Honeywell's strong historical performance, which may positively influence investor sentiment and short-term stock price. The emphasis on compounded returns showcases the company's long-term growth potential.
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