Waste Management (NYSE:WM) has outperformed the market over the past 20 years by 1.65% on an annualized basis producing an average annual return of 8.52%. Currently, Waste Management has a market capitalization of $58.33 billion.
Buying $100 In WM: If an investor had bought $100 of WM stock 20 years ago, it would be worth $497.52 today based on a price of $140.48 for WM at the time of writing.
Waste Management'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.