$1000 Invested In This Stock 20 Years Ago Would Be Worth $22,000 Today

$1000 Invested In This Stock 20 Years Ago Would Be Worth $22,000 Today

Albemarle ALB has outperformed the market over the past 20 years by 8.9% on an annualized basis producing an average annual return of 16.71%. Currently, Albemarle has a market capitalization of $34.08 billion.

Buying $1000 In ALB: If an investor had bought $1000 of ALB stock 20 years ago, it would be worth $22,317.73 today based on a price of $290.99 for ALB at the time of writing.

Albemarle's Performance Over Last 20 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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