Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 20 years by 11.23% on an annualized basis producing an average annual return of 20.05%. Currently, Alphabet has a market capitalization of $4.09 trillion.
Buying $100 In GOOGL: If an investor had bought $100 of GOOGL stock 20 years ago, it would be worth $3,686.82 today based on a price of $338.76 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.
Recent Comments