If You Invested $1000 In This Stock 15 Years Ago, You Would Have $8,700 Today
Portfolio Pulse from Benzinga Insights
Albemarle (NYSE:ALB) has delivered an average annual return of 15.36% over the past 15 years, outperforming the market. A $1000 investment in ALB 15 years ago would be worth $8,719.17 today. The company's market capitalization stands at $16.20 billion.
February 29, 2024 | 9:31 pm
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POSITIVE IMPACT
Albemarle has shown significant growth over the past 15 years, with a $1000 investment growing to $8,719.17, reflecting an annual return of 15.36%.
The substantial growth in investment value over 15 years, significantly outperforming the market, indicates a strong positive impact on ALB's stock price in the short term. This historical performance, coupled with a solid market capitalization, suggests continued investor confidence and potential for further growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100