Cleveland-Cliffs (NYSE:CLF) has outperformed the market over the past 20 years by 3.15% on an annualized basis producing an average annual return of 9.92%. Currently, Cleveland-Cliffs has a market capitalization of $12.06 billion.
Buying $1000 In CLF: If an investor had bought $1000 of CLF stock 20 years ago, it would be worth $6,645.49 today based on a price of $22.98 for CLF at the time of writing.
Cleveland-Cliffs'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.
