© Reuters. $1000 Invested In Waste Management 20 Years Ago Would Be Worth This Much Today
Benzinga – by Benzinga Insights, Benzinga Staff Writer.
Waste Management (NYSE:WM) has outperformed the market over the past 20 years by 2.28% on an annualized basis producing an average annual return of 9.54%. Currently, Waste Management has a market capitalization of $63.62 billion.
Buying $1000 In WM: If an investor had bought $1000 of WM stock 20 years ago, it would be worth $6,191.17 today based on a price of $157.07 for WM at the time of writing.
Waste Management’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.
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