Vale (NYSE:VALE) has outperformed the market over the past 10 years by 6.94% on an annualized basis producing an average annual return of 20.56%. Currently, Vale has a market capitalization of $61.39 billion.
Buying $100 In VALE: If an investor had bought $100 of VALE stock 10 years ago, it would be worth $669.77 today based on a price of $14.38 for VALE at the time of writing.
Vale’s Performance Over Last 10 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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