Here's How Much $100 Invested In Reliance 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Reliance (NYSE:RS) has significantly outperformed the market over the past 5 years, with an annualized return of 23.2%, resulting in a $100 investment growing to $278.89. This highlights the power of compounded returns.
October 08, 2024 | 9:30 pm
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Reliance (NYSE:RS) has delivered a strong performance over the past 5 years, with an annualized return of 23.2%, significantly outperforming the market. A $100 investment 5 years ago would now be worth $278.89.
The article highlights Reliance's strong historical performance, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term. The significant outperformance and compounded returns are key factors.
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