share_log

$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,600 Today

Benzinga ·  Jun 19 05:30

Simpson Manufacturing Co (NYSE:SSD) has outperformed the market over the past 5 years by 8.12% on an annualized basis producing an average annual return of 21.43%. Currently, Simpson Manufacturing Co has a market capitalization of $7.22 billion.

Buying $1000 In SSD: If an investor had bought $1000 of SSD stock 5 years ago, it would be worth $2,642.43 today based on a price of $171.15 for SSD at the time of writing.

Simpson Manufacturing Co's Performance Over Last 5 Years

comp_fig

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.
    Write a comment