$100 Invested In Alphabet 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Alphabet (NASDAQ:GOOGL) has produced an average annual return of 18.74%, outperforming the market by 5.96%. A $100 investment in GOOGL 5 years ago would now be worth $239.22. Alphabet's market capitalization stands at $1.72 trillion.
March 01, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Alphabet (GOOGL) has shown a strong performance over the past 5 years with an 18.74% average annual return, turning a $100 investment into $239.22.
The significant appreciation in Alphabet's stock value over the past 5 years, as highlighted by the 18.74% average annual return and the growth of a $100 investment to $239.22, indicates a strong performance. This outperformance compared to the market suggests a positive outlook for Alphabet's stock in the short term, assuming the company continues on its current trajectory.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100