American Express (NYSE:AXP) has outperformed the market over the past 10 years by 5.75% on an annualized basis producing an average annual return of 18.43%. Currently, American Express has a market capitalization of $261.72 billion.
Buying $100 In AXP: If an investor had bought $100 of AXP stock 10 years ago, it would be worth $551.83 today based on a price of $379.94 for AXP at the time of writing.
American Express’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.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
