$100 Invested In Reliance 5 Years Ago Would Be Worth This Much Today
Reliance (NYSE:RS) has outperformed the market over the past 5 years by 8.55% on an annualized basis producing an average annual return of 21.89%. Currently, Reliance has a market capitalization of $14.97 billion.
Buying $100 In RS: If an investor had bought $100 of RS stock 5 years ago, it would be worth $275.48 today based on a price of $284.66 for RS at the time of writing.
Reliance'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.
Posted-In: BZI-PODNews Trading Ideas