If You Invested $1000 In Primoris Services Stock 15 Years Ago, You Would Have This Much Today

Primoris Services (NYSE:PRIM) has outperformed the market over the past 15 years by 7.08% on an annualized basis producing an average annual return of 19.13%. Currently, Primoris Services has a market capitalization of $6.30 billion.

Buying $1000 In PRIM: If an investor had bought $1000 of PRIM stock 15 years ago, it would be worth $14,124.85 today based on a price of $116.66 for PRIM at the time of writing.

Primoris Services'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.