If You Invested $1000 In This Stock 20 Years Ago, You Would Have $6,300 Today

Nucor NUE has outperformed the market over the past 20 years by 1.11% on an annualized basis producing an average annual return of 9.48%. Currently, Nucor has a market capitalization of $35.27 billion.

Buying $1000 In NUE: If an investor had bought $1000 of NUE stock 20 years ago, it would be worth $6,325.02 today based on a price of $147.12 for NUE at the time of writing.

Nucor'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.