Benzinga - by Benzinga Insights, Benzinga Staff Writer.
American Express (NYSE:AXP) has outperformed the market over the past 20 years by 1.15% on an annualized basis producing an average annual return of 9.07%. Currently, American Express has a market capitalization of $170.83 billion.
Buying $1000 In AXP: If an investor had bought $1000 of AXP stock 20 years ago, it would be worth $5,596.98 today based on a price of $237.50 for AXP at the time of writing.
American Express'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.
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