Here's How Much You Would Have Made Owning Alphabet Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Alphabet (NASDAQ:GOOGL) has produced an average annual return of 22.19%, outperforming the market by 9.61% on an annualized basis. With a current market capitalization of $1.79 trillion, a $100 investment in GOOGL stock 15 years ago would be worth $1,906.24 today. The article highlights the impact of compounded returns on investment growth over time.
January 12, 2024 | 8:30 pm
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NEUTRAL IMPACT
Alphabet's stock has shown strong performance with a 22.19% average annual return over the past 15 years, turning a $100 investment into $1,906.24 today.
The historical performance data provided is factual and demonstrates Alphabet's strong past performance. However, past performance is not indicative of future results, and this retrospective analysis does not directly impact the short-term price direction. Therefore, the score is neutral, but the relevance and importance are high due to the direct mention and the context of investment growth. Confidence is high as the data is clear, but not absolute due to the unpredictability of future market conditions.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100