Here's How Much $100 Invested In United States Steel 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
United States Steel (NYSE:X) has outperformed the market over the past 5 years, achieving an annualized return of 20.97%, with a current market cap of $8.63 billion. A $100 investment in X 5 years ago would now be worth $243.54.
May 07, 2024 | 5:31 pm
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United States Steel (NYSE:X) has seen significant growth over the past 5 years, with a $100 investment growing to $243.54 today.
The significant outperformance of United States Steel compared to the market, as evidenced by its 20.97% annualized return over the past 5 years, suggests a strong positive momentum for the stock. This historical performance, coupled with its substantial market capitalization, indicates a robust financial position and operational success, likely contributing to investor confidence and potentially driving further stock appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100