Albemarle (NYSE:ALB) has outperformed the market over the past 15 years by 4.34% on an annualized basis producing an average annual return of 11.38%. Currently, Albemarle has a market capitalization of $24.34 billion.
Buying $1000 In ALB: If an investor had bought $1000 of ALB stock 15 years ago, it would be worth $4,875.56 today based on a price of $207.87 for ALB at the time of writing.
Albemarle's Performance Over Last 15 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.