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If You Invested $100 In This Stock 10 Years Ago, You Would Have $400 Today

Benzinga ·  Jun 12 01:00

Southern Copper (NYSE:SCCO) has outperformed the market over the past 10 years by 3.6% on an annualized basis producing an average annual return of 14.21%. Currently, Southern Copper has a market capitalization of $84.12 billion.

Buying $100 In SCCO: If an investor had bought $100 of SCCO stock 10 years ago, it would be worth $378.47 today based on a price of $107.69 for SCCO at the time of writing.

Southern Copper's Performance Over Last 10 Years

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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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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