Here's How Much You Would Have Made Owning Alphabet Stock In The Last 15 Years
Alphabet (GOOGL) has outperformed the market by 7.06% annually over the past 15 years, yielding an average return of 17.54%. With a market cap of $1.91 trillion, a $1000 investment in GOOGL 15 years ago would now be worth $11,273.71, based on the current price of $156.37. This highlights the significant impact of compounded returns on investment growth over time.
Alphabet GOOGL has outperformed the market over the past 15 years by 7.06% on an annualized basis producing an average annual return of 17.54%. Currently, Alphabet has a market capitalization of $1.91 trillion.
Buying $1000 In GOOGL: If an investor had bought $1000 of GOOGL stock 15 years ago, it would be worth $11,273.71 today based on a price of $156.37 for GOOGL at the time of writing.
Alphabet'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.