Waste Management (NYSE:WM) has outperformed the market over the past 15 years by 1.12% on an annualized basis producing an average annual return of 13.01%. Currently, Waste Management has a market capitalization of $84.64 billion.
Buying $1000 In WM: If an investor had bought $1000 of WM stock 15 years ago, it would be worth $6,392.24 today based on a price of $210.88 for WM at the time of writing.
Waste Management'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.
