Steel Dynamics (NASDAQ:STLD) has outperformed the market over the past 15 years by 2.67% on an annualized basis producing an average annual return of 14.27%. Currently, Steel Dynamics has a market capitalization of $18.78 billion.
Buying $100 In STLD: If an investor had bought $100 of STLD stock 15 years ago, it would be worth $715.26 today based on a price of $119.50 for STLD at the time of writing.
Steel Dynamics's Performance Over Last 15 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.