If You Invested $100 In This Stock 5 Years Ago, You Would Have $200 Today
Summit Materials (NYSE:SUM) has outperformed the market over the past 5 years by 4.42% on an annualized basis producing an average annual return of 17.64%. Currently, Summit Materials has a market capitalization of $7.23 billion.
Buying $100 In SUM: If an investor had bought $100 of SUM stock 5 years ago, it would be worth $228.70 today based on a price of $41.18 for SUM at the time of writing.
Summit Materials'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.