Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Nucor (NYSE:NUE) has outperformed the market over the past 10 years by 2.13% on an annualized basis producing an average annual return of 12.95%. Currently, Nucor has a market capitalization of $41.27 billion.
Buying $1000 In NUE: If an investor had bought $1000 of NUE stock 10 years ago, it would be worth $3,351.25 today based on a price of $172.12 for NUE at the time of writing.
Nucor's Performance Over Last 10 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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