Albemarle ALB has outperformed the market over the past 15 years by 6.12% on an annualized basis producing an average annual return of 12.32%. Currently, Albemarle has a market capitalization of $31.38 billion.
Buying $100 In ALB: If an investor had bought $100 of ALB stock 15 years ago, it would be worth $572.11 today based on a price of $267.88 for ALB at the time of writing.
Albemarle'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.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.