Here's How Much $1000 Invested In Waste Management 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Waste Management (NYSE:WM) has produced an average annual return of 16.75%, outperforming the market by 6.34% on an annualized basis. A $1000 investment in WM a decade ago would be worth $4,704.82 today. The company's current market capitalization stands at $79.07 billion.
February 14, 2024 | 7:31 pm
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Waste Management has significantly outperformed the market with an average annual return of 16.75% over the past decade, growing a $1000 investment to $4,704.82.
The substantial growth in investment value over a decade highlights Waste Management's strong market performance and the power of compounded returns. This historical performance, coupled with the company's significant market capitalization, suggests a positive outlook for WM's stock in the short term, as investors may be drawn to its proven track record of returns.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100