$1000 Invested In This Stock 20 Years Ago Would Be Worth This Much Today

Waste Management (NYSE:WM) has outperformed the market over the past 20 years by 2.68% on an annualized basis producing an average annual return of 11.24%. Currently, Waste Management has a market capitalization of $93.36 billion.

Buying $1000 In WM: If an investor had bought $1000 of WM stock 20 years ago, it would be worth $8,415.13 today based on a price of $232.00 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.