Here's How Much $100 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 annualized return of 23.85%. A $100 investment in CMC 5 years ago would now be worth $307.57, highlighting the power of compounded returns.
September 05, 2024 | 2:30 pm
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Commercial Metals has delivered a strong performance over the past 5 years, with an annualized return of 23.85%, significantly outperforming the market.
The article highlights the strong historical performance of CMC, which has outperformed the market. This positive historical performance may boost investor confidence and interest in the stock, potentially driving the price up in the short term.
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