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If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today

Benzinga Real-time News ·  Jun 16, 2022 16:40

Sociedad Quimica Y Minera (NYSE:SQM) has outperformed the market over the past 5 years by 12.59% on an annualized basis producing an average annual return of 21.12%. Currently, Sociedad Quimica Y Minera has a market capitalization of $24.96 billion.

Buying $100 In SQM: If an investor had bought $100 of SQM stock 5 years ago, it would be worth $257.48 today based on a price of $87.38 for SQM at the time of writing.

Sociedad Quimica Y Minera'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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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