Here’s How Much You Would Have Made Owning Cleveland-Cliffs Stock In The Last 10 Years

Cleveland-Cliffs (NYSE:CLF) has outperformed the market over the past 10 years by 10.47% on an annualized basis producing an average annual return of 23.21%. Currently, Cleveland-Cliffs has a market capitalization of $7.92 billion.

Buying $1000 In CLF: If an investor had bought $1000 of CLF stock 10 years ago, it would be worth $8,207.10 today based on a price of $13.90 for CLF at the time of writing.

Cleveland-Cliffs’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.