If You Invested $1000 In This Stock 20 Years Ago, You Would Have $6,000 Today

Cleveland-Cliffs CLF has outperformed the market over the past 20 years by 1.85% on an annualized basis producing an average annual return of 9.35%. Currently, Cleveland-Cliffs has a market capitalization of $8.04 billion.

Buying $1000 In CLF: If an investor had bought $1000 of CLF stock 20 years ago, it would be worth $5,975.90 today based on a price of $15.60 for CLF at the time of writing.

Cleveland-Cliffs'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.

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