Lockheed Martin (NYSE:LMT) has outperformed the market over the past 20 years by 3.47% on an annualized basis producing an average annual return of 11.66%. Currently, Lockheed Martin has a market capitalization of $112.23 billion.
Buying $1000 In LMT: If an investor had bought $1000 of LMT stock 20 years ago, it would be worth $9,095.76 today based on a price of $467.73 for LMT at the time of writing.
Lockheed Martin'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.