If You Invested $100 In This Stock 15 Years Ago, You Would Have $800 Today

Meritage Homes MTH has outperformed the market over the past 15 years by 3.4% on an annualized basis producing an average annual return of 15.01%. Currently, Meritage Homes has a market capitalization of $6.65 billion.

Buying $100 In MTH: If an investor had bought $100 of MTH stock 15 years ago, it would be worth $818.91 today based on a price of $183.05 for MTH at the time of writing.

Meritage Homes's Performance Over Last 15 Years

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.