$1000 Invested In Martin Marietta Materials 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Martin Marietta Materials (NYSE:MLM) has produced an average annual return of 16.79%, outperforming the market. A $1000 investment in MLM a decade ago would be worth $4,657.05 today. The company's market capitalization currently stands at $28.69 billion.
December 05, 2023 | 3:30 pm
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Martin Marietta Materials has significantly outperformed the market with a 16.79% average annual return over the past decade, with a $1000 investment growing to $4,657.05.
The historical performance of Martin Marietta Materials indicates strong growth over the past decade, which may instill confidence in investors about the company's future prospects. This positive long-term performance trend is likely to have a favorable impact on investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100