Albemarle ALB has outperformed the market by 9.93% on an annualized basis over the last 5 years and has achieved an average annual return of 17.58%. Currently, Albemarle has a market cap of $28.99 billion.
Purchase of $1000 in ALB: If an investor bought $1000 worth of ALB stock 5 years ago, it would be worth it $2,083.27 today based on a price of $247.35 for ALB at the time of writing.
Albemarle’s performance over the last 5 years
Finally – what is all this? The most important takeaway to take from this article is how much of a difference compound returns can make in your cash growth over a period of time.
This article was created by Benzinga’s automated content engine and reviewed by an editor.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
[ad_2]
Source story