If You Invested $100 In This Stock 20 Years Ago, You Would Have $1,100 Today
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 12.98%. A $100 investment in STLD 20 years ago would be worth $1,144.90 today. The article highlights the power of compounded returns over time.
September 11, 2024 | 2:30 pm
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Steel Dynamics has shown strong performance over the past 20 years, with an average annual return of 12.98%, significantly outperforming the market. This highlights the potential for long-term growth through 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. The focus on compounded returns underscores the company's long-term growth potential.
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