If You Invested $100 In This Stock 20 Years Ago, You Would Have $1,300 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Nucor (NYSE:NUE) has delivered an average annual return of 13.4%, outperforming the market by 5.97% annually. A $100 investment in NUE 20 years ago would be worth $1,250.39 today. Nucor's market capitalization currently stands at $41.06 billion.
January 19, 2024 | 6:30 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Nucor has significantly outperformed the market with a 13.4% average annual return over the past 20 years, turning a $100 investment into $1,250.39.
The historical performance of Nucor is impressive and indicative of the company's past success. However, past performance does not guarantee future results, and the information provided does not suggest any immediate future performance changes. Therefore, the short-term impact on the stock price is likely neutral, but the information could reinforce investor confidence in the company's long-term potential.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100