$1000 Invested In This Stock 10 Years Ago Would Be Worth $4,700 Today
Portfolio Pulse from Benzinga Insights
Over the past decade, Martin Marietta Materials (NYSE:MLM) has delivered an average annual return of 16.57%, outperforming the market by 6.27% annually. A $1000 investment in MLM 10 years ago would now be worth $4,678.24, showcasing the impact of compounded returns on investment growth. Martin Marietta Materials currently holds a market capitalization of $36.59 billion.
April 17, 2024 | 9:00 pm
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Martin Marietta Materials has shown significant growth over the past decade, with a $1000 investment growing to $4,678.24, reflecting an average annual return of 16.57%.
The substantial growth in investment value over a decade, as highlighted by the article, underscores Martin Marietta Materials' strong market performance and the significant impact of compounded returns. This historical performance, coupled with the company's current market capitalization of $36.59 billion, suggests a positive outlook for MLM, likely encouraging investor confidence and potentially driving up its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100