JPMorgan Chase (NYSE:JPM) has outperformed the market over the past 20 years by 1.07% on an annualized basis producing an average annual return of 9.48%. Currently, JPMorgan Chase has a market capitalization of $674.67 billion.
Buying $1000 In JPM: If an investor had bought $1000 of JPM stock 20 years ago, it would be worth $6,138.36 today based on a price of $239.64 for JPM at the time of writing.
JPMorgan Chase's Performance Over Last 20 Years
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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.