Here's How Much $100 Invested In Nucor 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Nucor (NYSE:NUE) has produced an average annual return of 13.54%, outperforming the market by 6.07% annually. A $100 investment in NUE 20 years ago would be worth $1,274.51 today. Nucor's market capitalization currently stands at $41.36 billion.
December 04, 2023 | 8:00 pm
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Nucor has significantly outperformed the market with an average annual return of 13.54% over the past 20 years, turning a $100 investment into $1,274.51 today.
The historical performance of Nucor is a strong indicator of the company's consistent growth and value creation over a long period. This track record is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price as it highlights the company's success.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100