Here's How Much You Would Have Made Owning Alphabet Stock In The Last 10 Years

Alphabet GOOGL has outperformed the market over the past 10 years by 8.9% on an annualized basis producing an average annual return of 19.81%. Currently, Alphabet has a market capitalization of $2.02 trillion.

Buying $1000 In GOOGL: If an investor had bought $1000 of GOOGL stock 10 years ago, it would be worth $6,093.31 today based on a price of $166.66 for GOOGL at the time of writing.

Alphabet's Performance Over Last 10 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.