Reliance (NYSE:RS) has outperformed the market over the past 5 years by 14.22% on an annualized basis producing an average annual return of 27.25%. Currently, Reliance has a market capitalization of $17.12 billion.
Buying $1000 In RS: If an investor had bought $1000 of RS stock 5 years ago, it would be worth $3,412.64 today based on a price of $298.06 for RS at the time of writing.
Reliance'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.