If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today
Portfolio Pulse from Benzinga Insights
Alphabet Inc. (NASDAQ:GOOGL) has delivered an average annual return of 23.35% over the past 5 years, outperforming the market by 10.26% on an annualized basis. A $100 investment in GOOGL 5 years ago would be worth $283.02 today. The company's market capitalization stands at $1.91 trillion, highlighting the significant growth and the impact of compounded returns over time.
January 25, 2024 | 5:02 pm
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POSITIVE IMPACT
Alphabet Inc. has shown strong performance with a 23.35% average annual return over the past 5 years, turning a $100 investment into $283.02 today.
The historical performance data provided for Alphabet Inc. indicates a strong track record of growth over the past 5 years. This positive retrospective analysis is likely to instill confidence in investors and could contribute to a bullish outlook in the short term, despite not being a direct indicator of future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100