Albemarle ALB has outperformed the market over the past 20 years by 10.04% on an annualized basis.
Buying $100.00 In ALB: 20 years ago, an investor could have purchased 8.98 shares of Albemarle at the time with $100.00. This investment in ALB would have produced an average annual return of 17.39%. Currently, Albemarle has a market capitalization of $31.80 billion.
Albemarle's Share Price Over Last 20 Years
If you had invested $100.00 in Albemarle you would have approximately $2,983.63 today.
In other words, you would have more than 20X'd your money.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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