Mueller Industries (NYSE:MLI) has outperformed the market over the past 15 years by 5.75% on an annualized basis producing an average annual return of 17.65%. Currently, Mueller Industries has a market capitalization of $8.34 billion.
Buying $100 In MLI: If an investor had bought $100 of MLI stock 15 years ago, it would be worth $1,123.66 today based on a price of $73.60 for MLI at the time of writing.
Mueller Industries's Performance Over Last 15 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.