$100 Invested In Nucor 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Nucor (NYSE:NUE) has significantly outperformed the market over the past 5 years, with an annualized return of 25.45%. A $100 investment in Nucor 5 years ago would now be worth $304.32, highlighting the power of compounded returns.
October 02, 2024 | 7:04 pm
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Nucor has delivered a strong performance over the past 5 years, with an annualized return of 25.45%, significantly outperforming the market. A $100 investment 5 years ago would now be worth $304.32.
Nucor's strong historical performance and significant outperformance of the market suggest positive investor sentiment and potential continued interest in the stock, likely leading to a positive short-term impact on its stock price.
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IMPORTANCE 80
RELEVANCE 100