Here's How Much $1000 Invested In Alphabet 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Alphabet (NASDAQ:GOOGL) has delivered an average annual return of 21.55% over the past 15 years, outperforming the market. A $1000 investment in GOOGL 15 years ago would be worth $19,044.08 today. The company's market capitalization stands at $1.77 trillion. The article highlights the impact of compounded returns on investment growth over time.
December 25, 2023 | 7:30 pm
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Alphabet's stock has significantly outperformed the market with a 21.55% average annual return over the past 15 years, turning a $1000 investment into $19,044.08 today.
The historical performance of Alphabet's stock as detailed in the article suggests a strong track record of growth, which could continue to instill investor confidence in the short term. The emphasis on compounded returns over time and the current market capitalization of $1.77 trillion underline the company's robust financial position and its potential for continued growth, likely contributing to a positive short term impact on the stock price.
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