Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 20 years by 9.83% on an annualized basis producing an average annual return of 18.21%. Currently, Alphabet has a market capitalization of $3.45 trillion.
Buying $1000 In GOOGL: If an investor had bought $1000 of GOOGL stock 20 years ago, it would be worth $29,477.37 today based on a price of $286.19 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.
