$1,000 invested in Alphabet 15 years ago would be worth this much today – Alphabet (NASDAQ:GOOGL)

Alphabet GOOGLE it 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.

Buy $1000 in GOOGL: If an investor bought $1000 worth of GOOGL stock 15 years ago, it would be worth it $16,269.11 today based on a price of $156.33 for GOOGL as of this writing.

Alphabet’s performance over the last 15 years

Finally: what is the purpose of all this? The key insight to take away from this article is to note how much of a difference compound returns can make in cash growth over a period of time.

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