share_log

Here's How Much You Would Have Made Owning Textron Stock In The Last 5 Years

Benzinga ·  Aug 28 22:30

Textron (NYSE:TXT) has outperformed the market over the past 5 years by 1.6% on an annualized basis producing an average annual return of 15.64%. Currently, Textron has a market capitalization of $16.91 billion.

Buying $1000 In TXT: If an investor had bought $1000 of TXT stock 5 years ago, it would be worth $2,067.60 today based on a price of $90.23 for TXT at the time of writing.

Textron's Performance Over Last 5 Years

1724855420_0.png

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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment