Here's How Much You Would Have Made Owning Alphabet Stock In The Last 20 Years
Alphabet (NASDAQ: GOOGL) has outperformed the market by 9.36% annually over the past 20 years, yielding an average return of 18.3%. With a market cap of $3.04 trillion, a $100 investment in GOOGL stock 20 years ago would now be worth $2,956.51, based on a current price of $250.99. This highlights the significant impact of compounded returns on investment growth over time.
Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 20 years by 9.36% on an annualized basis producing an average annual return of 18.3%. Currently, Alphabet has a market capitalization of $3.04 trillion.
Buying $100 In GOOGL: If an investor had bought $100 of GOOGL stock 20 years ago, it would be worth $2,956.51 today based on a price of $250.99 for GOOGL at the time of writing.
Alphabet'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.
