$1000 Invested In This Stock 20 Years Ago Would Be Worth $6,500 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 9.65%, resulting in a $1000 investment growing to $6,456.51. The article highlights the power of compounded returns over time.
October 10, 2024 | 5:01 pm
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Honeywell Intl has shown strong performance over the past 20 years, with an average annual return of 9.65%, outperforming the market slightly. A $1000 investment 20 years ago would now be worth $6,456.51.
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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