Here's How Much $100 Invested In Steel Dynamics 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Steel Dynamics (NASDAQ:STLD) has produced an average annual return of 22.33%, outperforming the market by 12.1% annually. A $100 investment in STLD a decade ago would now be worth $754.26. The company currently has a market capitalization of $21.54 billion.
April 22, 2024 | 2:02 pm
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Steel Dynamics has shown significant growth over the past decade, with a $100 investment growing to $754.26, reflecting an average annual return of 22.33%.
The substantial growth in investment value and the outperformance against the market highlight Steel Dynamics' strong financial health and growth potential. This historical performance is likely to positively influence investor sentiment and could lead to increased demand for STLD shares in the short term.
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