$1000 Invested In This Stock 15 Years Ago, Would Be Worth This Much

Albemarle ALB has outperformed the market over the past 15 years by 3.18% on an annualized basis.

Buying $1,000 In ALB: 15 years ago, an investor could have purchased 23.47 shares of Albemarle at the time with $1,000. This investment in ALB would have produced an average annual return of 10.86%. Currently, Albemarle has a market capitalization of $23.46 billion.

Albemarle's Share Price Over Last 15 Years

This $1,000 investment would be worth $4,707.04 today based on a price of $200.52 for ALB at the time of writing.

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.