Alphabet GOOGL has outperformed the market over the past 15 years by 9.3% on an annualized basis producing an average annual return of 15.88%. Currently, Alphabet has a market capitalization of $1.46 trillion.
Buying $1000 In GOOGL: If an investor had bought $1000 of GOOGL stock 15 years ago, it would be worth $9,117.61 today based on a price of $2222.79 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.
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