Hormel Foods HRL has outperformed the market over the past 20 years by 3.92% on an annualized basis producing an average annual return of 11.86%. Currently, Hormel Foods has a market capitalization of $26.30 billion.
Buying $100 In HRL: If an investor had bought $100 of HRL stock 20 years ago, it would be worth $923.18 today based on a price of $48.17 for HRL at the time of writing.
Hormel Foods's Performance Over Last 20 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.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.