Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Fomento Economico (NYSE:FMX) has outperformed the market over the past 20 years by 4.76% on an annualized basis producing an average annual return of 12.07%. Currently, Fomento Economico has a market capitalization of $216.41 billion.
Buying $1000 In FMX: If an investor had bought $1000 of FMX stock 20 years ago, it would be worth $9,909.22 today based on a price of $120.96 for FMX at the time of writing.
Fomento Economico'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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