Here's How Much You Would Have Made Owning Cleveland-Cliffs Stock In The Last 20 Years

Cleveland-Cliffs CLF has outperformed the market over the past 20 years by 4.21% on an annualized basis.

Buying $100 In CLF: 20 years ago, an investor could have purchased 43.72 shares of Cleveland-Cliffs at the time with $100. This investment in CLF would have produced an average annual return of 11.45%. Currently, Cleveland-Cliffs has a market capitalization of $10.09 billion.

Cleveland-Cliffs's Share Price Over Last 20 Years

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This $100 investment would be worth $882.19 today based on a price of $20.17 for CLF at the time of writing.

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.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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