Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 10 years by 10.23% on an annualized basis producing an average annual return of 22.91%. Currently, Alphabet has a market capitalization of $3.65 trillion.
Buying $1000 In GOOGL: If an investor had bought $1000 of GOOGL stock 10 years ago, it would be worth $7,883.15 today based on a price of $302.37 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.
