$1000 Invested In This Stock 20 Years Ago Would Be Worth $12,000 Today

Mueller Industries MLI has outperformed the market over the past 20 years by 4.67% on an annualized basis producing an average annual return of 12.99%. Currently, Mueller Industries has a market capitalization of $9.37 billion.

Buying $1000 In MLI: If an investor had bought $1000 of MLI stock 20 years ago, it would be worth $11,528.34 today based on a price of $82.37 for MLI at the time of writing.

Mueller Industries'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.