American Express (NYSE:AXP) has outperformed the market over the past 20 years by 1.03% on an annualized basis producing an average annual return of 9.14%. Currently, American Express has a market capitalization of $127.83 billion.
Buying $100 In AXP: If an investor had bought $100 of AXP stock 20 years ago, it would be worth $559.02 today based on a price of $171.07 for AXP at the time of writing.
American Express’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.