If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today

Cleveland-Cliffs (NYSE:CLF) has outperformed the market over the past 5 years by 12.2% on an annualized basis producing an average annual return of 20.65%. Currently, Cleveland-Cliffs has a market capitalization of $10.19 billion.

Buying $100 In CLF: If an investor had bought $100 of CLF stock 5 years ago, it would be worth $255.62 today based on a price of $19.79 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.

Market News and Data brought to you by Benzinga APIs

Comments
Loading...