Here's How Much $1000 Invested In Albemarle 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Albemarle (NYSE:ALB) has delivered an average annual return of 11.9% over the past 20 years, outperforming the market. A $1000 investment in ALB 20 years ago would now be worth $9,477.21. The company's current market capitalization stands at $16.93 billion.
January 01, 2024 | 2:31 pm
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Albemarle has significantly outperformed the market with an 11.9% average annual return over the past 20 years, and a $1000 investment then would be worth $9,477.21 today.
The historical performance data provided is factual and indicates strong past performance, but it does not necessarily predict future results. The information is relevant for long-term investors considering the track record of ALB, but it may not have a direct short-term impact on the stock price.
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RELEVANCE 100