Here's How Much You Would Have Made Owning Alphabet Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 5 years by 6.87% on an annualized basis, producing an average annual return of 15.49%. If an investor had bought $1000 of GOOGL stock 5 years ago, it would be worth $2,087.41 today.
August 22, 2023 | 9:30 pm
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POSITIVE IMPACT
Alphabet's stock has shown strong performance over the past 5 years, outperforming the market and providing an average annual return of 15.49%.
The news highlights the strong performance of Alphabet's stock over the past 5 years, which has outperformed the market. This positive performance is likely to boost investor confidence in the stock, potentially leading to increased demand and upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100