Here's How Much $100 Invested In Albemarle 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Albemarle (NYSE:ALB) has produced an average annual return of 11.51%, outperforming the market by 3.56% on an annualized basis. A $100 investment in ALB 20 years ago would be worth $866.53 today. The company currently has a market capitalization of $15.33 billion.
April 04, 2024 | 3:31 pm
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Albemarle has shown significant growth over the past 20 years, with a $100 investment growing to $866.53, reflecting an 11.51% average annual return.
The article highlights Albemarle's strong performance over the past two decades, significantly outperforming the market. This historical performance, coupled with a substantial market capitalization, suggests a positive outlook and could attract more investors, potentially driving the stock price up in the short term.
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