$1000 Invested In Commercial Metals 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Commercial Metals (NYSE:CMC) has produced an average annual return of 11.93%, outperforming the market. An investment of $1000 in CMC a decade ago would now be worth $3,128.20. The company currently has a market capitalization of $6.84 billion.
April 02, 2024 | 8:00 pm
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Commercial Metals (CMC) has shown a strong performance over the past decade with an 11.93% average annual return, turning a $1000 investment into $3,128.20.
The significant growth in investment value over a decade highlights CMC's strong market performance and the impact of compounded returns. This positive historical performance is likely to attract investor interest and could lead to a short-term increase in stock price, especially as investors look for stable, long-term investments in a volatile market.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100