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If You Invested $1000 In This Stock 15 Years Ago, You Would Have $9,600 Today

Author: Benzinga Insights | June 24, 2024 05:31pm

American Express (NYSE:AXP) has outperformed the market over the past 15 years by 4.0% on an annualized basis producing an average annual return of 16.56%. Currently, American Express has a market capitalization of $165.77 billion.

Buying $1000 In AXP: If an investor had bought $1000 of AXP stock 15 years ago, it would be worth $9,644.58 today based on a price of $230.46 for AXP at the time of writing.

American Express's Performance Over Last 15 Years

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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.

Posted In: AXP