Blackstone (NYSE:BX) has outperformed the market over the past 5 years by 19.35% on an annualized basis.
Buying $100 In BX: 5 years ago, an investor could have purchased 3.28 shares of Blackstone at the time with $100. This investment in BX would have produced an average annual return of 33.22%. Currently, Blackstone has a market capitalization of $93.50 billion.
Blackstone's Share Price Over Last 5 Years
This $100 investment would be worth $419.64 today based on a price of $127.72 for BX at the time of writing.
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.
