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Waste Management WM has outperformed the market over the past 15 years by 2.83% on an annualized basis producing an average annual return of 9.37%. Currently, Waste Management has a market capitalization of $63.14 billion.
Buying $1000 In WM: If an investor had bought $1000 of WM stock 15 years ago, it would be worth $3,849.70 today based on a price of $152.06 for WM at the time of writing.
Waste Management’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.
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Image and article originally from www.benzinga.com. Read the original article here.