$1000 Invested In This Stock 15 Years Ago Would Be Worth $8,300 Today
Portfolio Pulse from Benzinga Insights
American Express (NYSE:AXP) has significantly outperformed the market over the past 15 years, with an annualized return of 15.01%. A $1000 investment in AXP 15 years ago would now be worth $8,333.64, highlighting the power of compounded returns.
September 27, 2024 | 5:31 pm
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American Express has outperformed the market with a 15.01% annualized return over 15 years. A $1000 investment 15 years ago would now be worth $8,333.64, demonstrating strong long-term growth.
The article highlights American Express's strong historical performance, which may positively influence investor sentiment and attract long-term investors, potentially boosting the stock price in the short term.
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