Here's How Much You Would Have Made Owning Nucor Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Nucor (NYSE:NUE) has outperformed the market by 3.25% on an annualized basis, producing an average annual return of 13.56%. If an investor had bought $100 of NUE stock 10 years ago, it would be worth $359.53 today. Nucor currently has a market capitalization of $42.26 billion.
July 28, 2023 | 6:00 pm
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Nucor's stock has shown strong performance over the past decade, outperforming the market and providing a significant return on investment.
The article highlights the strong performance of Nucor's stock over the past 10 years, which has outperformed the market by 3.25% on an annualized basis. This strong performance indicates a well-managed and profitable company, which is likely to have a positive impact on investor sentiment and potentially the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100