$100 Invested In This Stock 15 Years Ago Would Be Worth $1,600 Today
Portfolio Pulse from Benzinga Insights
Alphabet (NASDAQ:GOOGL) has delivered an average annual return of 20.5% over the past 15 years, turning a $100 investment into $1,642.87 today. With a current market capitalization of $2.07 trillion, Alphabet's performance highlights the impact of compounded returns on investment growth.
May 03, 2024 | 8:00 pm
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Alphabet's stock has significantly outperformed the market with an annualized return of 20.5% over the past 15 years, turning a $100 investment into $1,642.87.
The article highlights Alphabet's strong performance over the past 15 years, indicating a robust growth trajectory. Given the historical data, investors might view GOOGL as a potentially lucrative long-term investment, likely leading to positive sentiment and possibly an uptick in the stock's short-term price.
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