Here’s How Much You Would Have Made Owning Alphabet Stock In The Last 20 Years
Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 20 years by 10.43% on an annualized basis producing an average annual return of 19.73%. Currently, Alphabet has a market capitalization of $4.29
Alphabet has grown much faster than most companies over the past 20 years, making more money for people who owned its stock. When a company keeps doing really well for a really long time, that's a sign it's doing something right—though the past doesn't promise the future.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.