Mueller Industries (NYSE:MLI) has outperformed the market over the past 20 years by 1.19% on an annualized basis producing an average annual return of 9.6%. Currently, Mueller Industries has a market capitalization of $6.74 billion.
Buying $100 In MLI: If an investor had bought $100 of MLI stock 20 years ago, it would be worth $635.33 today based on a price of $59.30 for MLI at the time of writing.
Mueller Industries'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.