Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Fomento Economico (NYSE:FMX) has outperformed the market over the past 20 years by 5.06% on an annualized basis producing an average annual return of 12.6%. Currently, Fomento Economico has a market capitalization of $236.74 billion.
Buying $1000 In FMX: If an investor had bought $1000 of FMX stock 20 years ago, it would be worth $10,725.75 today based on a price of $132.32 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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