Here’s How Much $100 Invested In Reliance 5 Years Ago Would Be Worth Today

    Date:

    Reliance RS has outperformed the market over the past 5 years by 9.06% on an annualized basis producing an average annual return of 23.2%. Currently, Reliance has a market capitalization of $15.59 billion.

    Buying $100 In RS: If an investor had bought $100 of RS stock 5 years ago, it would be worth $278.89 today based on a price of $283.46 for RS at the time of writing.

    Reliance’s Performance Over Last 5 Years

    comp_fig

    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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