Steel Dynamics (NASDAQ:STLD) has outperformed the market over the past 20 years by 6.24% on an annualized basis producing an average annual return of 14.63%. Currently, Steel Dynamics has a market capitalization of $18.11 billion.
Buying $1000 In STLD: If an investor had bought $1000 of STLD stock 20 years ago, it would be worth $15,391.48 today based on a price of $117.36 for STLD at the time of writing.
Steel Dynamics'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.