Albemarle (NYSE:ALB) has outperformed the market over the past 20 years by 2.33% on an annualized basis producing an average annual return of 11.0%. Currently, Albemarle has a market capitalization of $19.80 billion.
Buying $100 In ALB: If an investor had bought $100 of ALB stock 20 years ago, it would be worth $809.68 today based on a price of $168.05 for ALB at the time of writing.
Albemarle’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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