share_log

If You Invested $1000 In This Stock 5 Years Ago, You Would Have This Much Today

Benzinga ·  Dec 25 05:15

Iron Mountain (NYSE:IRM) has outperformed the market over the past 5 years by 13.84% on an annualized basis producing an average annual return of 27.21%. Currently, Iron Mountain has a market capitalization of $31.07 billion.

Buying $1000 In IRM: If an investor had bought $1000 of IRM stock 5 years ago, it would be worth $3,319.08 today based on a price of $105.89 for IRM at the time of writing.

Iron Mountain's Performance Over Last 5 Years

bigjpg

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