Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Cleveland-Cliffs (NYSE:CLF) has outperformed the market over the past 5 years by 5.75% on an annualized basis producing an average annual return of 19.24%. Currently, Cleveland-Cliffs has a market capitalization of $10.27 billion.
Buying $1000 In CLF: If an investor had bought $1000 of CLF stock 5 years ago, it would be worth $2,676.28 today based on a price of $20.35 for CLF at the time of writing.
Cleveland-Cliffs'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.