Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Steel Dynamics (NASDAQ:STLD) has outperformed the market over the past 20 years by 7.35% on an annualized basis producing an average annual return of 15.51%. Currently, Steel Dynamics has a market capitalization of $19.81 billion.
Buying $100 In STLD: If an investor had bought $100 of STLD stock 20 years ago, it would be worth $1,788.02 today based on a price of $126.10 for STLD at the time of writing.
Steel Dynamics'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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