Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 10 years by 11.7% on an annualized basis.
Buying $1,000 In GOOGL: 10 years ago, an investor could have purchased 3.38 shares of Alphabet at the time with $1,000. This investment in GOOGL would have produced an average annual return of 24.96%. Currently, Alphabet has a market capitalization of $1.81 trillion.
Alphabet's Share Price Over Last 10 Years
If you had invested $1,000 in Alphabet you would have approximately $9,209.78 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.
