Here's How Much $1000 Invested In L3Harris Technologies 5 Years Ago Would Be Worth Today

L3Harris Technologies LHX has outperformed the market over the past 5 years by 7.09% on an annualized basis producing an average annual return of 16.47%. Currently, L3Harris Technologies has a market capitalization of $45.82 billion.

Buying $1000 In LHX: If an investor had bought $1000 of LHX stock 5 years ago, it would be worth $2,166.32 today based on a price of $237.56 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.