Commercial Metals (NYSE:CMC) has outperformed the market over the past 5 years by 13.59% on an annualized basis producing an average annual return of 26.13%. Currently, Commercial Metals has a market capitalization of $6.54 billion.
Buying $1000 In CMC: If an investor had bought $1000 of CMC stock 5 years ago, it would be worth $3,221.73 today based on a price of $56.86 for CMC at the time of writing.
Commercial Metals's Performance Over Last 5 Years
![1721923231_0_0.png](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240726/41273287-0-3417a21b7e9ea546dbe2b28fb024653f.png/big)
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.