Here's How Much You Would Have Made Owning Commercial Metals Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Commercial Metals (NYSE:CMC) has delivered an average annual return of 25.3% over the past 5 years, outperforming the market by 13.24% on an annualized basis. With a current market capitalization of $6.48 billion, an investment of $1000 in CMC stock 5 years ago would be worth $3,130.72 today.
April 12, 2024 | 3:30 pm
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Commercial Metals (NYSE:CMC) has significantly outperformed the market with a 25.3% average annual return over the past 5 years, showcasing strong growth.
The substantial outperformance of Commercial Metals compared to the market highlights its strong growth and potential for continued success. The significant return on investment over the past 5 years demonstrates the company's ability to generate value for its shareholders, likely leading to positive investor sentiment and potential short-term price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100