Lithia Motors delivers strong 15-year returns with $1,000 investment growing to $39,000
benzinga.com — October 31, 2024, 03:01 PM UTC
Lithia Motors (NYSE:LAD) has significantly outperformed the market over the past 15 years, achieving an annualized return of 27.68%. This is 15.83% higher than the market average during the same period.
An investment of $1,000 in Lithia Motors 15 years ago would now be worth approximately $39,430.38, based on the current stock price of $342.65.
Lithia Motors currently has a market capitalization of $9 billion. The article highlights the impact of compounded returns on investment growth over time.
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