If You Invested $1000 In This Stock 15 Years Ago, You Would Have This Much Today

Waste Management WM has outperformed the market over the past 15 years by 2.46% on an annualized basis producing an average annual return of 13.43%. Currently, Waste Management has a market capitalization of $91.67 billion.

Buying $1000 In WM: If an investor had bought $1000 of WM stock 15 years ago, it would be worth $6,641.38 today based on a price of $227.96 for WM at the time of writing.

Waste Management's Performance Over Last 15 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.