Stocks

General Electric (GE) Stock: A Look at 5-Year Performance

Published December 12, 2023

In the past half-decade, General Electric (GE) has demonstrated significant growth surpassing the broader market's performance. With a market leading annualized outperformance of 10.62%, GE has shown an impressive average annual return of 23.31%. With the current market capitalization reaching $133.13 billion, GE stands out as a considerable player in its field.

Investing in General Electric

Investing in GE has proven to be lucrative for shareholders over the past five years. An initial investment of $100 in GE stock would have grown to approximately $287.10 today, considering the stock's price of $122.32 at the time of assessment. This growth is a testament to the company's robust financial performance and investor confidence.

Understanding Compounded Returns

The surge in value of GE shares underscores the importance of compounded returns. Over time, reinvesting earnings can result in considerable growth of an investment, as evidenced by GE's stock performance. Investors should take note of this critical aspect of investing, as it can substantially increase the value of their portfolios over long periods.

GE, Investing, Returns