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$100 Invested In Tenaris 20 Years Ago Would Be Worth This Much Today

Benzinga ·  Apr 18 16:01

Tenaris (NYSE:TS) has outperformed the market over the past 20 years by 1.6% on an annualized basis producing an average annual return of 9.26%. Currently, Tenaris has a market capitalization of $21.56 billion.

Buying $100 In TS: If an investor had bought $100 of TS stock 20 years ago, it would be worth $593.72 today based on a price of $37.47 for TS at the time of writing.

Tenaris's Performance Over Last 20 Years

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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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