Baidu (NASDAQ:BIDU) has outperformed the market over the past 15 years by 15.57% on an annualized basis producing an average annual return of 23.12%. Currently, Baidu has a market capitalization of $42.80 billion.
Buying $1000 In BIDU: If an investor had bought $1000 of BIDU stock 15 years ago, it would be worth $23,664.52 today based on a price of $123.86 for BIDU at the time of writing.
Baidu'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.
