$1000 Invested In Commercial Metals 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Commercial Metals (NYSE:CMC) has significantly outperformed the market over the past 5 years, delivering an average annual return of 24.44%. A $1000 investment in CMC 5 years ago would now be worth $2,981.84. The company's current market capitalization is $6.09 billion.
July 05, 2024 | 8:00 pm
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Commercial Metals has delivered strong returns over the past 5 years, significantly outperforming the market with an average annual return of 24.44%. A $1000 investment 5 years ago would now be worth $2,981.84.
The article highlights the strong historical performance of CMC, which is likely to positively influence investor sentiment and potentially drive the stock price higher in the short term.
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