BlackRock (NYSE:BLK) has outperformed the market over the past 10 years by 1.35% on an annualized basis.
Buying $100 In BLK: 10 years ago, an investor could have purchased 0.49 shares of BlackRock at the time with $100. This investment in BLK would have produced an average annual return of 13.05%. Currently, BlackRock has a market capitalization of $104.20 billion.
BlackRock's Share Price Over Last 10 Years
If you had invested $100 in BlackRock you would have approximately $337.16 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.
