Here’s How Much You Would Have Made Owning BlackRock Stock In The Last 20 Years
Benzinga Insights 1 hour ago
Trading IdeasNews
BlackRock (NYSE:BLK) has outperformed the market over the past 20 years by 2.29% on an annualized basis producing an average annual return of 11.07%. Currently, BlackRock has a market capitalization of $189.37 billion.
BlackRock (NYSE:BLK) has outperformed the market over the past 20 years by 2.29% on an annualized basis producing an average annual return of 11.07%. Currently, BlackRock has a market capitalization of $189.37 billion.
Buying $100 In BLK: If an investor had bought $100 of BLK stock 20 years ago, it would be worth $818.99 today based on a price of $1216.40 for BLK at the time of writing.
BlackRock’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.