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$100 Invested In This Stock 10 Years Ago Would Be Worth $300 Today

Published 07/06/2024, 21:00
Updated 07/06/2024, 22:10
$100 Invested In This Stock 10 Years Ago Would Be Worth $300 Today
JPM
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Benzinga - by Benzinga Insights, Benzinga Staff Writer.

JPMorgan Chase (NYSE:JPM) has outperformed the market over the past 10 years by 2.67% on an annualized basis producing an average annual return of 13.36%. Currently, JPMorgan Chase has a market capitalization of $574.25 billion.

Buying $100 In JPM: If an investor had bought $100 of JPM stock 10 years ago, it would be worth $349.17 today based on a price of $199.97 for JPM at the time of writing.

JPMorgan Chase'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.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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