If You Invested $100 In This Stock 10 Years Ago, You Would Have $400 Today
Southern Copper (NYSE:SCCO) has outperformed the market over the past 10 years by 3.6% on an annualized basis producing an average annual return of 14.21%. Currently, Southern Copper has a market capitalization of $84.12 billion.
Buying $100 In SCCO: If an investor had bought $100 of SCCO stock 10 years ago, it would be worth $378.47 today based on a price of $107.69 for SCCO at the time of writing.
Southern Copper's Performance Over Last 10 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.