Lockheed Martin (NYSE:LMT) has outperformed the market over the past 15 years by 3.4% on an annualized basis producing an average annual return of 10.26%. Currently, Lockheed Martin has a market capitalization of $126.11 billion.
Buying $100 In LMT: If an investor had bought $100 of LMT stock 15 years ago, it would be worth $444.56 today based on a price of $481.19 for LMT at the time of writing.
Lockheed Martin’s Performance Over Last 15 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.