$1000 Invested In Cleveland-Cliffs 5 Years Ago Would Be Worth This Much Today

$1000 Invested In Cleveland-Cliffs 5 Years Ago Would Be Worth This Much Today

Cleveland-Cliffs CLF has outperformed the market over the past 5 years by 6.03% on an annualized basis producing an average annual return of 16.08%. Currently, Cleveland-Cliffs has a market capitalization of $9.05 billion.

Buying $1000 In CLF: If an investor had bought $1000 of CLF stock 5 years ago, it would be worth $2,062.50 today based on a price of $17.49 for CLF at the time of writing.

Cleveland-Cliffs's Performance Over Last 5 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.

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