Benzinga - by Benzinga Insights, Benzinga Staff Writer.
L3Harris Technologies (NYSE:LHX) has outperformed the market over the past 10 years by 1.98% on an annualized basis producing an average annual return of 11.35%. Currently, L3Harris Technologies has a market capitalization of $33.86 billion.
Buying $1000 In LHX: If an investor had bought $1000 of LHX stock 10 years ago, it would be worth $3,003.69 today based on a price of $179.05 for LHX at the time of writing.
L3Harris Technologies'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.
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