Reliance Steel & Aluminum (NYSE:RS) has outperformed the market over the past 15 years by 6.5% on an annualized basis producing an average annual return of 18.14%. Currently, Reliance Steel & Aluminum has a market capitalization of $15.38 billion.
Buying $100 In RS: If an investor had bought $100 of RS stock 15 years ago, it would be worth $1,170.22 today based on a price of $267.63 for RS at the time of writing.
Reliance Steel & Aluminum’s Performance Over Last 15 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.
