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Benzinga
Benzinga
Business
Benzinga Insights

$100 Invested In L3Harris Technologies 5 Years Ago Would Be Worth This Much Today

L3Harris Technologies (NYSE:LHX) has outperformed the market over the past 5 years by 6.36% on an annualized basis producing an average annual return of 15.17%. Currently, L3Harris Technologies has a market capitalization of $43.88 billion.

Buying $100 In LHX: If an investor had bought $100 of LHX stock 5 years ago, it would be worth $205.79 today based on a price of $227.49 for LHX at the time of writing.

L3Harris Technologies's Performance Over Last 5 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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