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.
Credicorp (NYSE:BAP) has outperformed the market over the past 20 years by 8.27% on an annualized basis.
Buying $1,000 In BAP: 20 years ago, an investor could have purchased 100.30 shares of Credicorp at the time with $1,000. This investment in BAP would have produced an average annual return of 15.28%. Currently, Credicorp has a market capitalization of $13.64 billion.
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Credicorp's Share Price Over Last 20 Years
This $1,000 investment would be worth $17,150.95 today based on a price of $171.00 for BAP 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.
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.