Alphabet GOOGL has outperformed the market over the past 10 years by 7.39% on an annualized basis producing an average annual return of 17.99%. Currently, Alphabet has a market capitalization of $1.12 trillion.
Buying $1000 In GOOGL: If an investor had bought $1000 of GOOGL stock 10 years ago, it would be worth $5,114.66 today based on a price of $86.19 for GOOGL at the time of writing.
Alphabet's Performance Over Last 10 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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