Steel Dynamics (NASDAQ:STLD) has outperformed the market over the past 5 years by 24.11% on an annualized basis producing an average annual return of 37.51%. Currently, Steel Dynamics has a market capitalization of $20.98 billion.
Buying $1000 In STLD: If an investor had bought $1000 of STLD stock 5 years ago, it would be worth $4,907.90 today based on a price of $133.50 for STLD at the time of writing.
Steel Dynamics'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.