$100 Invested In This Stock 20 Years Ago Would Be Worth $800 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Albemarle (NYSE:ALB) has produced an average annual return of 10.87%, outperforming the market by 3.31% on an annualized basis. A $100 investment in ALB 20 years ago would be worth $787.13 today. Albemarle currently has a market capitalization of $13.42 billion, highlighting the significant impact of compounded returns on investment growth over time.
February 08, 2024 | 9:30 pm
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POSITIVE IMPACT
Albemarle (ALB) has shown a strong performance over the past 20 years with an average annual return of 10.87%, turning a $100 investment into $787.13 today.
The significant growth in investment value from $100 to $787.13 over 20 years due to an average annual return of 10.87% demonstrates Albemarle's strong market performance and the impact of compounded returns. This historical performance is likely to positively influence investor perception and potentially increase demand for ALB shares in the short term.
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