Reliance (NYSE:RS) has outperformed the market over the past 10 years by 3.75% on an annualized basis producing an average annual return of 14.29%. Currently, Reliance has a market capitalization of $15.00 billion.
Buying $1000 In RS: If an investor had bought $1000 of RS stock 10 years ago, it would be worth $3,852.87 today based on a price of $272.69 for RS at the time of writing.
Reliance's Performance Over Last 10 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.