Here's How Much $1000 Invested In Commercial Metals 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Commercial Metals (NYSE:CMC) has significantly outperformed the market over the past 5 years, with an average annual return of 28.97%. A $1000 investment in CMC 5 years ago would now be worth $3,568.06, highlighting the power of compounded returns.
August 29, 2024 | 4:00 pm
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Commercial Metals has delivered a strong performance over the past 5 years, with an average annual return of 28.97%, significantly outperforming the market. This highlights the company's robust growth and the benefits of compounded returns.
The article highlights Commercial Metals' strong performance over the past 5 years, with a significant average annual return. This positive historical performance suggests investor confidence and potential continued growth, likely leading to a positive short-term impact on the stock price.
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