2023-01-25 17:01:06
Here's How Much You Would Have Made Owning Lockheed Martin Stock In The Last 15 Years
Lockheed Martin LMT has outperformed the market over the past 15 years by 2.64% on an annualized basis producing an average annual return of 9.95%. Currently, Lockheed Martin has a market capitalization of $117.65 billion.
Buying $1000 In LMT: If an investor had bought $1000 of LMT stock 15 years ago, it would be worth $4,219.48 today based on a price of $448.90 for LMT at the time of writing.
Lockheed Martin'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.
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