If You Invested $1000 In This Stock 10 Years Ago, You Would Have $2,800 Today

Nucor NUE has outperformed the market over the past 10 years by 1.67% on an annualized basis producing an average annual return of 10.69%. Currently, Nucor has a market capitalization of $36.76 billion.

Buying $1000 In NUE: If an investor had bought $1000 of NUE stock 10 years ago, it would be worth $2,772.80 today based on a price of $147.79 for NUE at the time of writing.

Nucor's Performance Over Last 10 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.