Key insights
- An article on Benzinga highlights the returns of Lockheed Martin (LMT) over the past 15 years. While the article itself is backward-looking, the outperformance of LMT relative to the broader market suggests continued strength in the defense sector. This could signal positive sentiment for other defense contractors and related industries, but the impact is limited.
Lockheed Martin (NYSE:LMT) has outperformed the market over the past 15 years by 1.17% on an annualized basis producing an average annual return of 13.16%. Currently, Lockheed Martin has a market capitalization of $118.45 billion.
Buying $1000 In LMT: If an investor had bought $1000 of LMT stock 15 years ago, it would be worth $6,421.20 today based on a price of $513.76 for LMT at the time of writing.
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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This article Here's How Much $1000 Invested In Lockheed Martin 15 Years Ago Would Be Worth Today originally appeared on Benzinga.com
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