Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 10 years by 11.87% on an annualized basis producing an average annual return of 24.97%. Currently, Alphabet has a market capitalization of $4.30 trillion.
Buying $100 In GOOGL: If an investor had bought $100 of GOOGL stock 10 years ago, it would be worth $929.32 today based on a price of $351.99 for GOOGL at the time of writing.
Alphabet’s Performance Over Last 10 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.
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