$1000 Invested In This Stock 20 Years Ago Would Be Worth $13,000 Today
$MLM
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Industrials
Martin Marietta Materials (NYSE:MLM) has outperformed the market over the past 20 years by 5.31% on an annualized basis producing an average annual return of 13.72%. Currently, Martin Marietta Materials has a market capitalization of $34.46 billion.
Buying $1000 In MLM: If an investor had bought $1000 of MLM stock 20 years ago, it would be worth $13,250.00 today based on a price of $559.08 for MLM at the time of writing.
Martin Marietta Materials'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.