Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 15 years by 9.97% on an annualized basis.
Buying $100 In GOOGL: 15 years ago, an investor could have purchased 0.42 shares of Alphabet at the time with $100. This investment in GOOGL would have produced an average annual return of 17.52%. Currently, Alphabet has a market capitalization of $1.73 trillion.
Alphabet’s Share Price Over Last 15 Years
If you had invested $100 in Alphabet you would have approximately $1,112.73 today.
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.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.