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© Reuters. $100 Invested In This Stock 10 Years Ago Would Be Worth $400 Today

Benzinga – by Benzinga Insights, Benzinga Staff Writer.

Waste Management (NYSE:WM) has outperformed the market over the past 10 years by 5.19% on an annualized basis producing an average annual return of 15.05%. Currently, Waste Management has a market capitalization of $71.57 billion.

Buying $100 In WM: If an investor had bought $100 of WM stock 10 years ago, it would be worth $403.93 today based on a price of $177.69 for WM at the time of writing.

Waste Management’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.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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