L3Harris Technologies LHX has outperformed the market over the past 20 years by 7.57% on an annualized basis producing an average annual return of 15.05%. Currently, L3Harris Technologies has a market capitalization of $42.19 billion.
Buying $100 In LHX: If an investor had bought $100 of LHX stock 20 years ago, it would be worth $1,674.27 today based on a price of $221.59 for LHX at the time of writing.
L3Harris Technologies’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.