Vale VALE has outperformed the market over the past 20 years by 2.5% on an annualized basis producing an average annual return of 10.13%. Currently, Vale has a market capitalization of $76.70 billion.
Buying $1000 In VALE: If an investor had bought $1000 of VALE stock 20 years ago, it would be worth $6,886.24 today based on a price of $16.45 for VALE at the time of writing.
Vale'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.