$1000 Invested In This Stock 10 Years Ago Would Be Worth $8,000 Today
Portfolio Pulse from Benzinga Insights
Lennox International (NYSE:LII) has significantly outperformed the market over the past decade, achieving an average annual return of 22.95%. A $1000 investment in LII 10 years ago would now be worth approximately $7992.53, highlighting the power of compounded returns.
October 07, 2024 | 3:30 pm
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Lennox International has outperformed the market with an average annual return of 22.95% over the past 10 years. A $1000 investment a decade ago would now be worth $7992.53, demonstrating strong growth and the impact of compounded returns.
The article highlights Lennox International's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation. The focus on compounded returns underscores the company's consistent growth, making it attractive to investors.
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