Commercial Metals (NYSE:CMC) has outperformed the market over the past 10 years by 1.07% on an annualized basis producing an average annual return of 11.93%. Currently, Commercial Metals has a market capitalization of $6.84 billion.
Buying $1000 In CMC: If an investor had bought $1000 of CMC stock 10 years ago, it would be worth $3,128.20 today based on a price of $59.08 for CMC at the time of writing.
Commercial Metals'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.