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If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,400 Today - JPMorgan Chase (NYSE:JPM)

By Benzinga Insights

If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,400 Today - JPMorgan Chase (NYSE:JPM)

JPMorgan Chase JPM has outperformed the market over the past 10 years by 2.0% on an annualized basis producing an average annual return of 12.79%. Currently, JPMorgan Chase has a market capitalization of $581.54 billion.

Buying $1000 In JPM: If an investor had bought $1000 of JPM stock 10 years ago, it would be worth $3,389.16 today based on a price of $204.40 for JPM at the time of writing.

JPMorgan Chase's Performance Over Last 10 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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