If You Invested $1000 In This Stock 20 Years Ago, You Would Have $34,000 Today

Rio Tinto RIO has outperformed the market over the past 20 years by 11.44% on an annualized basis producing an average annual return of 19.14%. Currently, Rio Tinto has a market capitalization of $98.92 billion.

Buying $1000 In RIO: If an investor had bought $1000 of RIO stock 20 years ago, it would be worth $34,032.56 today based on a price of $60.98 for RIO at the time of writing.

Rio Tinto'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.