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Here's How Much You Would Have Made Owning JPMorgan Chase Stock In The Last 10 Years

Published 14/02/2024, 14:30
© Reuters Here's How Much You Would Have Made Owning JPMorgan Chase Stock In The Last 10 Years
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 1.14% on an annualized basis producing an average annual return of 11.56%. Currently, JPMorgan Chase has a market capitalization of $502.56 billion.

Buying $1000 In JPM: If an investor had bought $1000 of JPM stock 10 years ago, it would be worth $2,986.84 today based on a price of $174.70 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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