$1000 Invested In Alaska Air Gr 20 Years Ago Would Be Worth This Much Today

Alaska Air Gr (NYSE:ALK) has outperformed the market over the past 20 years by 3.91% on an annualized basis producing an average annual return of 12.3%. Currently, Alaska Air Gr has a market capitalization of $9.17 billion.

Buying $1000 In ALK: If an investor had bought $1000 of ALK stock 20 years ago, it would be worth $10,191.84 today based on a price of $74.50 for ALK at the time of writing.

Alaska Air Gr's Performance Over Last 20 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.

Market News and Data brought to you by Benzinga APIs

Comments
Loading...