Here's How Much $100 Invested In Steel Dynamics 5 Years Ago Would Be Worth Today
Steel Dynamics (NASDAQ:STLD) has outperformed the market over the past 5 years by 19.11% on an annualized basis producing an average annual return of 31.96%. Currently, Steel Dynamics has a market capitalization of $20.18 billion.
Buying $100 In STLD: If an investor had bought $100 of STLD stock 5 years ago, it would be worth $407.23 today based on a price of $128.44 for STLD at the time of writing.
Steel Dynamics'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.