Vale (NYSE:VALE) has outperformed the market over the past 20 years by 1.67% on an annualized basis producing an average annual return of 9.39%. Currently, Vale has a market capitalization of $60.30 billion.
Buying $100 In VALE: If an investor had bought $100 of VALE stock 20 years ago, it would be worth $609.68 today based on a price of $12.67 for VALE at the time of writing.
Vale’s Performance Over Last 20 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.
