$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 outperformed the market with an annualized return of 25.36%, turning a $1000 investment into $3,098.63 today. Nucor's market capitalization stands at $44.42 billion.
March 13, 2024 | 2:00 pm
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Nucor has achieved a remarkable annualized return of 25.36% over the past 5 years, significantly outperforming the market.
Nucor's impressive 5-year performance, with an annualized return of 25.36%, indicates strong company growth and operational efficiency. This performance, coupled with a significant market capitalization of $44.42 billion, suggests a positive outlook for Nucor's stock in the short term. The historical data provided demonstrates the company's ability to outperform the market, which could continue to attract investor interest and potentially drive up the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100