Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 15 years by 10.21% on an annualized basis.
Buying $100 In GOOGL: 15 years ago, an investor could have purchased 0.45 shares of Alphabet at the time with $100. This investment in GOOGL would have produced an average annual return of 17.84%. Currently, Alphabet has a market capitalization of $1.70 trillion.
Alphabet's Share Price Over Last 15 Years
If you had invested $100 in Alphabet you would have approximately $1,147.80 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.
You can check out Benzinga's market data in an enhanced view on Benzinga Pro
This article was generated by Benzinga's automated content engine and reviewed by an editor.
