Fomento Economico (NYSE:FMX) has outperformed the market over the past 20 years by 1.62% on an annualized basis producing an average annual return of 8.79%. Currently, Fomento Economico has a market capitalization of $26.79 billion.
Buying $100 In FMX: If an investor had bought $100 of FMX stock 20 years ago, it would be worth $536.63 today based on a price of $74.88 for FMX at the time of writing.
Fomento Economico'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.
