If You Invested $1000 In This Stock 15 Years Ago, You Would Have $5,500 Today

If You Invested $1000 In This Stock 15 Years Ago, You Would Have $5,500 Today

Alphabet GOOGL has outperformed the market over the past 15 years by 5.36% on an annualized basis producing an average annual return of 12.06%. Currently, Alphabet has a market capitalization of $1.24 trillion.

Buying $1000 In GOOGL: If an investor had bought $1000 of GOOGL stock 15 years ago, it would be worth $5,475.78 today based on a price of $95.86 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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