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.
Valero Energy (NYSE:VLO) has outperformed the market over the past 20 years by 3.8% on an annualized basis.
Buying $1,000 In VLO: 20 years ago, an investor could have purchased 84.16 shares of Valero Energy at the time with $1,000. This investment in VLO would have produced an average annual return of 10.51%. Currently, Valero Energy has a market capitalization of $36.26 billion.
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Valero Energy's Share Price Over Last 20 Years
If you had invested $1,000 in Valero Energy you would have approximately $7,455.92 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.
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.