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Alphabet GOOGL has outperformed the market over the past 5 years by 7.87% on an annualized basis producing an average annual return of 16.81%. Currently, Alphabet has a market capitalization of $1.33 trillion.
Buying $1000 In GOOGL: If an investor had bought $1000 of GOOGL stock 5 years ago, it would be worth $2,191.01 today based on a price of $101.84 for GOOGL at the time of writing.
Alphabet’s Performance Over Last 5 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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Image and article originally from www.benzinga.com. Read the original article here.