Here's How Much $1000 Invested In Nucor 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Nucor (NYSE:NUE) has outperformed the market over the past 10 years, delivering an average annual return of 12.95%. A $1000 investment in NUE 10 years ago would be worth $3,351.25 today. The article highlights the impact of compounded returns on investment growth.
May 17, 2024 | 9:00 pm
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Nucor has shown strong performance over the past decade, with an average annual return of 12.95%. A $1000 investment 10 years ago would now be worth $3,351.25, highlighting the power of compounded returns.
The article emphasizes Nucor's strong historical performance and the significant growth of a $1000 investment over 10 years. This positive historical performance is likely to boost investor confidence in the short term.
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