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Here's How Much $100 Invested In Steel Dynamics 10 Years Ago Would Be Worth Today

Author: Benzinga Insights | April 22, 2024 10:02am

Steel Dynamics (NASDAQ:STLD) has outperformed the market over the past 10 years by 12.1% on an annualized basis producing an average annual return of 22.33%. Currently, Steel Dynamics has a market capitalization of $21.54 billion.

Buying $100 In STLD: If an investor had bought $100 of STLD stock 10 years ago, it would be worth $754.26 today based on a price of $136.37 for STLD at the time of writing.

Steel Dynamics'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: STLD

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