• Wed. Nov 27th, 2024

Here’s How Much $100 Invested In Nucor 5 Years Ago Would Be Worth Today – Nucor (NYSE:NUE)

ByBenzinga Insights

Jan 11, 2023
Here's How Much $100 Invested In Nucor 5 Years Ago Would Be Worth Today - Nucor (NYSE:NUE)

[ad_1]

Nucor NUE has outperformed the market over the past 5 years by 9.98% on an annualized basis producing an average annual return of 17.2%. Currently, Nucor has a market capitalization of $39.21 billion.

Buying $100 In NUE: If an investor had bought $100 of NUE stock 5 years ago, it would be worth $221.15 today based on a price of $152.56 for NUE at the time of writing.

Nucor’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.

[ad_2]

Image and article originally from www.benzinga.com. Read the original article here.