$100 Invested In Alphabet 10 Years Ago Would Be Worth This Much Today
Alphabet (GOOGL) has outperformed the market over the past decade, achieving an annualized return of 18.97%, exceeding the market by 7.24%. With a current market capitalization of $2.37 trillion, a $100 investment in GOOGL 10 years ago would now be worth $591.40, based on the current price of $195.95. This highlights the significant impact of compounded returns on investment growth over time.
Alphabet GOOGL has outperformed the market over the past 10 years by 7.24% on an annualized basis producing an average annual return of 18.97%. Currently, Alphabet has a market capitalization of $2.37 trillion.
Buying $100 In GOOGL: If an investor had bought $100 of GOOGL stock 10 years ago, it would be worth $591.40 today based on a price of $195.95 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.
