Benzinga - by Benzinga Insights, Benzinga Staff Writer.
JPMorgan Chase (NYSE:JPM) has outperformed the market over the past 10 years by 3.23% on an annualized basis producing an average annual return of 13.98%. Currently, JPMorgan Chase has a market capitalization of $570.97 billion.
Buying $1000 In JPM: If an investor had bought $1000 of JPM stock 10 years ago, it would be worth $3,691.65 today based on a price of $198.83 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
