Here’s How Much You Would Have Made Owning Cleveland-Cliffs Stock In The Last 5 Years – Cleveland-Cliffs (NYSE:CLF)

Cleveland-Cliffs CLF has outperformed the market over the past 5 years by 14.51% on an annualized basis producing an average annual return of 22.23%. Currently, Cleveland-Cliffs has a market capitalization of $11.19 billion.

Buying $1000 In CLF: If an investor had bought $1000 of CLF stock 5 years ago, it would be worth $2,802.71 today based on a price of $21.75 for CLF at the time of writing.

Cleveland-Cliffs’s Performance Over Last 5 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.