$1000 Invested In This Stock 10 Years Ago Would Be Worth $4,500 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Waste Management (NYSE:WM) has produced an average annual return of 16.18%, outperforming the market by 5.74% on an annualized basis. A $1000 investment in WM a decade ago would be worth $4,467.98 today. Waste Management currently has a market cap of $74.76 billion. The article highlights the impact of compounded returns on investment growth over time.
January 23, 2024 | 4:02 pm
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Waste Management (NYSE:WM) has delivered strong performance with an average annual return of 16.18% over the past decade, turning a $1000 investment into $4,467.98 today.
The historical performance of Waste Management is indicative of strong management and business operations. The company's ability to outperform the market significantly over a 10-year period is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price as investors may perceive the company as a solid long-term investment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100