Reliance (NYSE:RS) has outperformed the market over the past 10 years by 3.43% on an annualized basis producing an average annual return of 14.4%. Currently, Reliance has a market capitalization of $15.96 billion.
Buying $1000 In RS: If an investor had bought $1000 of RS stock 10 years ago, it would be worth $3,825.76 today based on a price of $277.90 for RS at the time of writing.
Reliance's Performance Over Last 10 Years
![1720629029_0.png](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240711/44825813-0-3c58dab1c9817ff8a34adff80342602a.png/big)
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.