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$100 Invested In Alphabet 5 Years Ago Would Be Worth This Much Today

Author: Benzinga Insights | July 30, 2024 10:02am

Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 5 years by 10.17% on an annualized basis producing an average annual return of 24.17%. Currently, Alphabet has a market capitalization of $2.10 trillion.

Buying $100 In GOOGL: If an investor had bought $100 of GOOGL stock 5 years ago, it would be worth $284.89 today based on a price of $170.44 for GOOGL at the time of writing.

Alphabet's Performance Over Last 5 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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