Cleveland-Cliffs (NYSE:CLF) has outperformed the market over the past 5 years by 19.69% on an annualized basis producing an average annual return of 31.65%. Currently, Cleveland-Cliffs has a market capitalization of $13.75 billion.
Buying $1000 In CLF: If an investor had bought $1000 of CLF stock 5 years ago, it would be worth $3,972.73 today based on a price of $26.21 for CLF at the time of writing.
Cleveland-Cliffs's Performance Over Last 5 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.
