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$1000 Invested In Alphabet 15 Years Ago Would Be Worth This Much Today

Author: Benzinga Insights | April 18, 2024 04:01pm

Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 15 years by 7.94% on an annualized basis producing an average annual return of 20.34%. Currently, Alphabet has a market capitalization of $1.94 trillion.

Buying $1000 In GOOGL: If an investor had bought $1000 of GOOGL stock 15 years ago, it would be worth $16,269.11 today based on a price of $156.33 for GOOGL at the time of writing.

Alphabet's Performance Over Last 15 Years

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Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: GOOGL

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