If You Invested $1000 In Alphabet Stock 20 Years Ago, You Would Have This Much Today
Benzinga Insights 4 hours ago
Trading IdeasNews
Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 20 years by 8.41% on an annualized basis producing an average annual return of 17.07%. Currently, Alphabet has a market capitalization of $3.47 trillion.
Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 20 years by 8.41% on an annualized basis producing an average annual return of 17.07%. Currently, Alphabet has a market capitalization of $3.47 trillion.
Buying $1000 In GOOGL: If an investor had bought $1000 of GOOGL stock 20 years ago, it would be worth $23,796.18 today based on a price of $288.62 for GOOGL at the time of writing.
Alphabet’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.