Published on 25 Mar 2024 on Simply Wall St. via Yahoo Finance
Investing in L3Harris Technologies (NYSE:LHX) five years ago would have delivered you a 43% gain
If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to see it rise more than the market average. Unfortunately for shareholders, while the L3Harris Technologies, Inc. (NYSE:LHX) share price is up 30% in the last five years, that's less than the market return. Looking at the last year alone, the stock is up 8.9%.
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.
See our latest analysis for L3Harris Technologies