If You Invested $100 In This Stock 20 Years Ago, You Would Have $900 Today
Portfolio Pulse from Benzinga Insights
Albemarle (NYSE:ALB) has delivered an average annual return of 11.44% over the past 20 years, outperforming the market by 3.51% annually. A $100 investment in ALB 20 years ago would be worth $863.15 today. The company's market capitalization stands at $14.42 billion.
March 19, 2024 | 2:01 pm
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POSITIVE IMPACT
Albemarle has shown a strong performance over the past 20 years with an 11.44% average annual return, turning a $100 investment into $863.15 today.
The significant long-term return of 11.44% annually over 20 years, outperforming the market, highlights Albemarle's strong financial performance and growth potential. This historical performance is likely to positively influence investor perception and could lead to increased investor interest and potentially higher stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100