MasTec (NYSE:MTZ) has outperformed the market over the past 20 years by 8.83% on an annualized basis producing an average annual return of 17.23%. Currently, MasTec has a market capitalization of $8.55 billion.
Buying $100 In MTZ: If an investor had bought $100 of MTZ stock 20 years ago, it would be worth $2,531.76 today based on a price of $107.60 for MTZ at the time of writing.
MasTec's Performance Over Last 20 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.