Here's How Much You Would Have Made Owning Nucor Stock In The Last 10 Years

Nucor Corporation -1.89%

Nucor Corporation

NUE

170.45

-1.89%

Nucor (NYSE:NUE) has outperformed the market over the past 10 years by 2.26% on an annualized basis producing an average annual return of 14.99%. Currently, Nucor has a market capitalization of $37.74 billion.

Buying $1000 In NUE: If an investor had bought $1000 of NUE stock 10 years ago, it would be worth $4,029.79 today based on a price of $163.69 for NUE at the time of writing.

Nucor'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.

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