If You Invested $1000 In This Stock 10 Years Ago, You Would Have $5,400 Today
Portfolio Pulse from Benzinga Insights
Simpson Manufacturing Co (NYSE:SSD) has significantly outperformed the market over the past 10 years, delivering an average annual return of 18.74%. A $1000 investment in SSD 10 years ago would be worth $5,416.69 today. The company currently has a market capitalization of $7.50 billion.
May 15, 2024 | 2:30 pm
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Simpson Manufacturing Co (NYSE:SSD) has delivered an impressive average annual return of 18.74% over the past 10 years, significantly outperforming the market. A $1000 investment in SSD 10 years ago would be worth $5,416.69 today.
The article highlights SSD's strong historical performance and significant market outperformance, which is likely to positively influence investor sentiment and potentially drive the stock price higher in the short term.
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