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The Asset ObserverThe Asset Observer
Home»Stocks
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If You Invested $100 In This Stock 15 Years Ago, You Would Have $800 Today By Benzinga

News RoomBy News RoomMarch 13, 2024
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© Reuters. If You Invested $100 In This Stock 15 Years Ago, You Would Have $800 Today

Benzinga – by Benzinga Insights, Benzinga Staff Writer.

Valero Energy (NYSE:VLO) has outperformed the market over the past 15 years by 1.66% on an annualized basis producing an average annual return of 15.0%. Currently, Valero Energy has a market capitalization of $50.05 billion.

Buying $100 In VLO: If an investor had bought $100 of VLO stock 15 years ago, it would be worth $840.07 today based on a price of $150.54 for VLO at the time of writing.

Valero Energy’s Performance Over Last 15 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.

Read the original article on Benzinga

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