If You Invested $1000 In This Stock 20 Years Ago, You Would Have $8,300 Today – Lowe’s Companies (NYSE:LO – Benzinga - Stock Region News

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If You Invested $1000 In This Stock 20 Years Ago, You Would Have $8,300 Today – Lowe’s Companies (NYSE:LO – Benzinga

Lowe’s Companies LOW has outperformed the market over the past 20 years by 3.99% on an annualized basis producing an average annual return of 11.3%. Currently, Lowe’s Companies has a market capitalization of $112.94 billion.

Buying $1000 In LOW: If an investor had bought $1000 of LOW stock 20 years ago, it would be worth $8,299.66 today based on a price of $181.95 for LOW at the time of writing.

Lowe’s Companies’s Performance Over Last 20 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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