Alphabet GOOGL has outperformed the market over the past 15 years by 8.8% on an annualized basis producing an average annual return of 16.28%. Currently, Alphabet has a market capitalization of $1.59 trillion.
Buying $100 In GOOGL: If an investor had bought $100 of GOOGL stock 15 years ago, it would be worth $977.44 today based on a price of $121.80 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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