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

Mueller Industries MLI has outperformed the market over the past 15 years by 6.23% on an annualized basis producing an average annual return of 18.29%. Currently, Mueller Industries has a market capitalization of $8.53 billion.

Buying $1000 In MLI: If an investor had bought $1000 of MLI stock 15 years ago, it would be worth $11,397.00 today based on a price of $77.06 for MLI at the time of writing.

Mueller Industries'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.