If You Invested $1000 In Alphabet Stock 10 Years Ago, You Would Have This Much Today

Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 10 years by 10.85% on an annualized basis producing an average annual return of 23.65%. Currently, Alphabet has a market capitalization of $3.83 trillion.

Buying $1000 In GOOGL: If an investor had bought $1000 of GOOGL stock 10 years ago, it would be worth $8,327.04 today based on a price of $317.49 for GOOGL at the time of writing.

Alphabet's Performance Over Last 10 Years

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.