Vale (NYSE:VALE) has outperformed the market over the past 5 years by 3.19% on an annualized basis producing an average annual return of 16.52%. Currently, Vale has a market capitalization of $89.20 billion.
Buying $1000 In VALE: If an investor had bought $1000 of VALE stock 5 years ago, it would be worth $2,118.38 today based on a price of $18.79 for VALE at the time of writing.
Vale’s Performance Over Last 5 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.