If You Invested $1000 In This Stock 5 Years Ago, You Would Have $3,600 Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Reliance (NYSE:RS) has significantly outperformed the market, with an annualized return of 29.35%, turning a $1000 investment into $3,637.27. Currently, Reliance boasts a market capitalization of $19.07 billion.
April 10, 2024 | 8:30 pm
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Reliance (NYSE:RS) has delivered a remarkable annualized return of 29.35% over the past 5 years, significantly outperforming the market.
The substantial growth in investment value from $1,000 to $3,637.27 over a 5-year period highlights Reliance's strong market performance and its ability to generate significant returns for investors. This performance, coupled with a solid market capitalization of $19.07 billion, suggests a positive outlook for RS in the short term, likely attracting more investors.
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