Here's How Much You Would Have Made Owning Lockheed Martin Stock In The Last 20 Years
Lockheed Martin (NYSE:LMT) has outperformed the market over the past 20 years by 2.82% on an annualized basis producing an average annual return of 11.25%. Currently, Lockheed Martin has a market capitalization of $109.86 billion.
Buying $100 In LMT: If an investor had bought $100 of LMT stock 20 years ago, it would be worth $849.82 today based on a price of $461.70 for LMT at the time of writing.
Lockheed Martin's Performance Over Last 20 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.