If You Invested $1000 In This Stock 20 Years Ago, You Would Have $6,100 Today
Portfolio Pulse from Benzinga Insights
Honeywell Intl (NASDAQ:HON) has outperformed the market over the past 20 years with an average annual return of 9.47%, resulting in a $1,000 investment growing to $6,081.18. The article highlights the power of compounded returns over time.
September 17, 2024 | 3:03 pm
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Honeywell Intl has shown strong performance over the past 20 years, with an average annual return of 9.47%, outperforming the market. A $1,000 investment 20 years ago would now be worth $6,081.18.
The article highlights Honeywell's strong historical performance, which may positively influence investor sentiment and potentially lead to a short-term price increase. The focus on long-term returns underscores the company's stability and growth potential.
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