Nucor (NYSE:NUE) has outperformed the market over the past 20 years by 2.74% on an annualized basis producing an average annual return of 9.83%. Currently, Nucor has a market capitalization of $27.86 billion.
Buying $1000 In NUE: If an investor had bought $1000 of NUE stock 20 years ago, it would be worth $6,529.82 today based on a price of $104.71 for NUE at the time of writing.
Nucor’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.