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If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today – Cleveland-Cliffs (NYSE:CLF) – Stocks to Watch
  • Fri. May 17th, 2024

If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today – Cleveland-Cliffs (NYSE:CLF)

ByBenzinga Insights

Feb 17, 2023
Where Nevro Stands With Analysts

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Cleveland-Cliffs CLF has outperformed the market over the past 5 years by 12.2% on an annualized basis producing an average annual return of 20.65%. Currently, Cleveland-Cliffs has a market capitalization of $10.19 billion.

Buying $100 In CLF: If an investor had bought $100 of CLF stock 5 years ago, it would be worth $255.62 today based on a price of $19.79 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.

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Image and article originally from www.benzinga.com. Read the original article here.

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