Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Teck Resources (NYSE:TECK) has outperformed the market over the past 5 years by 2.72% on an annualized basis producing an average annual return of 15.72%. Currently, Teck Resources has a market capitalization of $24.91 billion.
Buying $1000 In TECK: If an investor had bought $1000 of TECK stock 5 years ago, it would be worth $2,071.12 today based on a price of $48.00 for TECK at the time of writing.
Teck Resources's Performance Over Last 5 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.