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If You Invested $1000 In This Stock 10 Years Ago, You Would Have $5,100 Today

Author: Benzinga Insights | March 28, 2024 11:00am

Waste Management (NYSE:WM) has outperformed the market over the past 10 years by 7.01% on an annualized basis producing an average annual return of 17.74%. Currently, Waste Management has a market capitalization of $86.01 billion.

Buying $1000 In WM: If an investor had bought $1000 of WM stock 10 years ago, it would be worth $5,092.54 today based on a price of $214.17 for WM at the time of writing.

Waste Management's Performance Over Last 10 Years

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Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: WM

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