Here’s How Much You Would Have Made Owning Alphabet Stock In The Last 10 Years

Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 10 years by 10.54% on an annualized basis producing an average annual return of 24.34%. Currently, Alphabet has a market capitalization of $3.99 trillion.

Buying $1000 In GOOGL: If an investor had bought $1000 of GOOGL stock 10 years ago, it would be worth $9,212.63 today based on a price of $330.83 for GOOGL at the time of writing.

Alphabet’s Performance Over Last 10 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.