JPMorgan Chase (NYSE:JPM) has outperformed the market over the past 10 years by 1.6% on an annualized basis.
Buying $1,000 In JPM: 10 years ago, an investor could have purchased 26.55 shares of JPMorgan Chase at the time with $1,000. This investment in JPM would have produced an average annual return of 14.82%. Currently, JPMorgan Chase has a market capitalization of $441.73 billion.
JPMorgan Chase's Share Price Over Last 10 Years
If you had invested $1,000 in JPMorgan Chase you would have approximately $3,983.54 today.
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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This article was generated by Benzinga's automated content engine and reviewed by an editor.
