Lockheed Martin (NYSE:LMT) has outperformed the market over the past 10 years by 1.38% on an annualized basis producing an average annual return of 13.16%. Currently, Lockheed Martin has a market capitalization of $144.52 billion.
Buying $1000 In LMT: If an investor had bought $1000 of LMT stock 10 years ago, it would be worth $3,507.11 today based on a price of $606.31 for LMT at the time of writing.
Lockheed Martin'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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.