Here's How Much You Would Have Made Owning Reliance Stock In The Last 10 Years

Reliance RS has outperformed the market over the past 10 years by 3.97% on an annualized basis producing an average annual return of 14.77%. Currently, Reliance has a market capitalization of $15.41 billion.

Buying $1000 In RS: If an investor had bought $1000 of RS stock 10 years ago, it would be worth $4,020.73 today based on a price of $280.19 for RS at the time of writing.

Reliance's Performance Over Last 10 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.