$1000 Invested In This Stock 15 Years Ago Would Be Worth $8,000 Today
Portfolio Pulse from Benzinga Insights
American Express (NYSE:AXP) has outperformed the market over the past 15 years, achieving an average annual return of 14.75%. A $1000 investment in AXP 15 years ago would be worth $8,003.29 today. This highlights the power of compounded returns over time.
August 28, 2024 | 6:00 pm
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American Express has shown strong performance over the past 15 years, with an average annual return of 14.75%. A $1000 investment 15 years ago would now be worth $8,003.29, demonstrating the impact of compounded returns.
The article highlights American Express's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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