Here’s How Much You Would Have Made Owning Lockheed Martin Stock In The Last 15 Years
Benzinga Insights 6 hours ago
Trading IdeasNews
Lockheed Martin (NYSE:LMT) has outperformed the market over the past 15 years by 1.8% on an annualized basis producing an average annual return of 14.69%. Currently, Lockheed Martin has a market capitalization of
Lockheed Martin (NYSE:LMT) has outperformed the market over the past 15 years by 1.8% on an annualized basis producing an average annual return of 14.69%. Currently, Lockheed Martin has a market capitalization of $147.61 billion.
Buying $100 In LMT: If an investor had bought $100 of LMT stock 15 years ago, it would be worth $773.28 today based on a price of $594.51 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.