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$1000 Invested In This Stock 15 Years Ago Would Be Worth $7,200 Today

Author: Benzinga Insights | May 03, 2024 02:30pm

Textron (NYSE:TXT) has outperformed the market over the past 15 years by 2.05% on an annualized basis producing an average annual return of 14.23%. Currently, Textron has a market capitalization of $16.33 billion.

Buying $1000 In TXT: If an investor had bought $1000 of TXT stock 15 years ago, it would be worth $7,158.03 today based on a price of $85.61 for TXT at the time of writing.

Textron's Performance Over Last 15 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.

Posted In: TXT

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