$100 Invested In This Stock 20 Years Ago Would Be Worth $1,500 Today
Portfolio Pulse from Benzinga Insights
Reliance (NYSE:RS) has significantly outperformed the market over the past 20 years, with an annualized return of 14.2%. A $100 investment in RS 20 years ago would now be worth $1,451.91, highlighting the power of compounded returns.
September 23, 2024 | 2:30 pm
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Reliance (NYSE:RS) has shown strong performance over the past 20 years, with a 14.2% annualized return. This highlights the potential for long-term growth through compounded returns.
The article highlights Reliance's strong historical performance, which may positively influence investor sentiment and attract long-term investors, potentially driving the stock price up in the short term.
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