Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 15 years by 7.27% on an annualized basis producing an average annual return of 18.78%. Currently, Alphabet has a market capitalization of $2.36 trillion.
Buying $1000 In GOOGL: If an investor had bought $1000 of GOOGL stock 15 years ago, it would be worth $13,386.48 today based on a price of $192.42 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.
