Reliance (NYSE:RS) has outperformed the market over the past 20 years by 6.45% on an annualized basis producing an average annual return of 14.98%. Currently, Reliance has a market capitalization of $17.64 billion.
Buying $100 In RS: If an investor had bought $100 of RS stock 20 years ago, it would be worth $1,660.05 today based on a price of $307.20 for RS at the time of writing.
Reliance'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.