$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 26.13%. A $1000 investment in CMC 5 years ago would be worth $3,221.73 today. The company currently has a market capitalization of $6.54 billion.
July 25, 2024 | 4:00 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 26.13%. This performance highlights the potential for substantial cash growth through compounded returns.
The article highlights the strong historical performance of Commercial Metals, which is likely to positively influence investor sentiment and potentially drive the stock price higher in the short term.
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