Here's How Much You Would Have Made Owning Steel Dynamics Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Steel Dynamics (NASDAQ:STLD) has significantly outperformed the market over the past 20 years, with an average annual return of 14.63%. A $1000 investment in STLD 20 years ago would now be worth $15,391.48. The article highlights the power of compounded returns over time.
August 19, 2024 | 4:30 pm
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Steel Dynamics has shown strong performance over the past 20 years, outperforming the market with a 14.63% average annual return. This highlights the company's robust growth and the power of compounded returns.
The article emphasizes Steel Dynamics' strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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