Here's How Much $1000 Invested In Blackstone 5 Years Ago Would Be Worth Today

Blackstone BX has outperformed the market over the past 5 years by 24.75% on an annualized basis.

Buying $1,000.00 In BX: 5 years ago, an investor could have purchased 38.67 shares of Blackstone at the time with $1,000.00. This investment in BX would have produced an average annual return of 40.42%. Currently, Blackstone has a market capitalization of $103.06 billion.

Blackstone's Share Price Over Last 5 Years

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This $1,000.00 investment would be worth $7,070.32 today based on a price of $144.21 for BX at the time of writing. In other words, you would have more than 70X'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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