Here's How Much $1000 Invested In Simpson Manufacturing Co 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Simpson Manufacturing Co (NYSE:SSD) has delivered an average annual return of 18.82% over the past 10 years, outperforming the market by 8.11%. A $1000 investment in SSD a decade ago would now be worth $5,655.82. The company currently has a market capitalization of $8.57 billion.
March 25, 2024 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Simpson Manufacturing Co has shown remarkable performance over the past decade with an 18.82% average annual return, significantly outperforming the market.
The significant outperformance of Simpson Manufacturing Co (SSD) over the past decade, as highlighted by its 18.82% average annual return and the substantial growth of a $1000 investment into $5,655.82, indicates a strong positive impact on the stock. This historical performance, coupled with the company's current market capitalization of $8.57 billion, suggests a robust financial health and growth trajectory that could continue to attract investor interest in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100