Benzinga - by Benzinga Insights, Benzinga Staff Writer.
American Express (NYSE:AXP) has outperformed the market over the past 15 years by 7.47% on an annualized basis producing an average annual return of 21.11%. Currently, American Express has a market capitalization of $162.15 billion.
Buying $1000 In AXP: If an investor had bought $1000 of AXP stock 15 years ago, it would be worth $17,101.60 today based on a price of $224.00 for AXP at the time of writing.
American Express's Performance Over Last 15 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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