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If You Invested $100 In This Stock 10 Years Ago, You Would Have $300 Today

Benzinga ·  Jun 25 03:30

JPMorgan Chase (NYSE:JPM) has outperformed the market over the past 10 years by 2.49% on an annualized basis producing an average annual return of 13.19%. Currently, JPMorgan Chase has a market capitalization of $570.49 billion.

Buying $100 In JPM: If an investor had bought $100 of JPM stock 10 years ago, it would be worth $344.76 today based on a price of $198.66 for JPM at the time of writing.

JPMorgan Chase's Performance Over Last 10 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.

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