$1000 Invested In Nucor 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Nucor (NYSE:NUE) has produced an average annual return of 24.68%, outperforming the market by 11.68%. A $1000 investment in NUE 5 years ago would now be worth $2,995.41. Nucor's market capitalization stands at $42.47 billion.
January 09, 2024 | 6:30 pm
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Nucor's stock has significantly outperformed the market with a 24.68% average annual return over the past 5 years, turning a $1000 investment into $2,995.41 today.
The historical performance of Nucor's stock is a strong indicator of its robust growth over the past 5 years. This track record may continue to attract investors, potentially driving the stock price up in the short term. However, past performance is not always indicative of future results, and investors should consider current market conditions.
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