Baidu (NASDAQ:BIDU) has outperformed the market over the past 20 years by 13.3% on an annualized basis producing an average annual return of 22.03%. Currently, Baidu has a market capitalization of $50.49 billion.
Buying $100 In BIDU: If an investor had bought $100 of BIDU stock 20 years ago, it would be worth $5,362.74 today based on a price of $143.99 for BIDU at the time of writing.
Baidu’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.
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