If You Invested $1000 In This Stock 10 Years Ago, Here's How Much You Would Have Today


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Albemarle (NYSE:ALB) has outperformed the market over the past 10 years by 2.08% on an annualized basis.

Buying $1,000 In ALB: 10 years ago, an investor could have purchased 19.42 shares of Albemarle at the time with $1,000. This investment in ALB would have produced an average annual return of 16.2%. Currently, Albemarle has a market capitalization of $26.37 billion.

Albemarle's Share Price Over Last 10 Years

This $1,000 investment would be worth $4,374.25 today based on a price of $225.39 for ALB at the time of writing.

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.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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