$100 Invested In Commercial Metals 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Commercial Metals (NYSE:CMC) has produced an average annual return of 26.11%, outperforming the market by 13.51%. A $100 investment in CMC 5 years ago would now be worth $316.38. The company currently has a market capitalization of $6.25 billion.
February 22, 2024 | 5:00 pm
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Commercial Metals (CMC) has shown significant growth over the past 5 years, with a $100 investment growing to $316.38, reflecting an average annual return of 26.11%.
The substantial growth in the value of Commercial Metals (CMC) stock over the past 5 years, significantly outperforming the market, indicates a strong positive trend for the company. This performance, coupled with a solid market capitalization of $6.25 billion, suggests a positive short-term impact on CMC's stock price, assuming the trend continues and market conditions remain favorable.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100