© Reuters. Here’s How Much $1000 Invested In General Electric 5 Years Ago Would Be Worth Today
Benzinga – by Benzinga Insights, Benzinga Staff Writer.
General Electric (NYSE:GE) has outperformed the market over the past 5 years by 6.98% on an annualized basis producing an average annual return of 19.54%. Currently, General Electric has a market capitalization of $161.72 billion.
Buying $1000 In GE: If an investor had bought $1000 of GE stock 5 years ago, it would be worth $2,440.76 today based on a price of $148.59 for GE at the time of writing.
General Electric’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.
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