If You Invested $1000 In This Stock 20 Years Ago, You Would Have $6,300 Today
Portfolio Pulse from Benzinga Insights
Nucor (NYSE:NUE) has outperformed the market over the past 20 years with an average annual return of 9.48%, resulting in a $1000 investment growing to $6,325.02. This highlights the power of compounded returns over time.
October 28, 2024 | 6:30 pm
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Nucor has shown strong performance over the past 20 years, outperforming the market with a 9.48% average annual return. A $1000 investment 20 years ago would now be worth $6,325.02.
The article highlights Nucor's strong historical performance, which may positively influence investor sentiment and potentially lead to a short-term price increase. The focus on long-term returns underscores the company's stability and growth potential.
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