alphabet Google has outperformed the market by 6.19% on an annualized basis over the past 15 years and has produced a compound annual return of 13.48%. Alphabet currently has a market cap of $1.22 trillion.
Buy $1000 in GOOGL: If an investor bought $1000 worth of GOOGL stock 15 years ago, it would be worth it $6,881.62 today based on a price of $94.11 for GOOGL at the time of writing this article.
Alphabet’s performance over the past 15 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.de. Benzinga does not provide investment advice. All rights reserved.
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