If You Invested $1000 In This Stock 20 Years Ago, You Would Have $4,900 Today

Raytheon Technologies RTX has outperformed the market over the past 20 years by 1.04% on an annualized basis producing an average annual return of 8.4%. Currently, Raytheon Technologies has a market capitalization of $147.57 billion.

Buying $1000 In RTX: If an investor had bought $1000 of RTX stock 20 years ago, it would be worth $4,908.44 today based on a price of $100.39 for RTX at the time of writing.

Raytheon Technologies's Performance Over Last 20 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.