$100 Invested In This Stock 5 Years Ago Would Be Worth $300 Today
Portfolio Pulse from Benzinga Insights
Owens-Corning (NYSE:OC) has significantly outperformed the market over the past 5 years, with an annualized return of 23.78%. A $100 investment in OC 5 years ago would now be worth $292.02, highlighting the power of compounded returns.
August 20, 2024 | 8:00 pm
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Owens-Corning has outperformed the market with a 23.78% annualized return over the past 5 years, turning a $100 investment into $292.02. This highlights the company's strong performance and the impact of compounded returns.
The article highlights Owens-Corning's strong performance over the past 5 years, significantly outperforming the market. This positive historical performance is likely to boost investor confidence and could lead to a short-term positive impact on the stock price.
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