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 11.55% over the past 20 years, turning a $100 investment into $903.06 today. With a current market cap of $14.75 billion, ALB's performance highlights the impact of compounded returns on investment growth.
May 02, 2024 | 9:00 pm
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Albemarle's stock has shown significant growth over the past 20 years, with a $100 investment growing to $903.06, reflecting an average annual return of 11.55%.
The article directly mentions Albemarle (ALB) and its performance over the past 20 years, highlighting a significant return on investment. This historical performance, especially the average annual return of 11.55%, is likely to positively influence investor perception and potentially the stock price in the short term, as it underscores the company's long-term value growth.
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