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Here's How Much You Would Have Made Owning Textron Stock In The Last 15 Years

Published 19/06/2024, 19:30
Here's How Much You Would Have Made Owning Textron Stock In The Last 15 Years
TXT
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Benzinga - by Benzinga Insights, Benzinga Staff Writer.

Textron (NYSE:TXT) has outperformed the market over the past 15 years by 2.81% on an annualized basis producing an average annual return of 15.44%. Currently, Textron has a market capitalization of $16.39 billion.

Buying $100 In TXT: If an investor had bought $100 of TXT stock 15 years ago, it would be worth $900.10 today based on a price of $85.96 for TXT at the time of writing.

Textron'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.

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

Read the original article on Benzinga

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