Here's How Much You Would Have Made Owning Albemarle Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Albemarle (NYSE:ALB) has produced an average annual return of 10.42%, outperforming the market by 2.77% on an annualized basis. With a current market capitalization of $13.06 billion, a $1000 investment in ALB 20 years ago would be worth $7,369.82 today.
April 18, 2024 | 6:30 pm
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Albemarle has demonstrated significant long-term growth, with a $1000 investment growing to $7,369.82 over 20 years, reflecting a 10.42% average annual return.
The article highlights Albemarle's strong performance over the past two decades, significantly outperforming the market. This historical performance, especially the impressive return on a long-term investment, suggests a positive outlook for ALB, potentially attracting more investors and positively impacting its stock price in the short term.
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