Benzinga | Dec 17, 2021 09:42AM EST

If You Invested $100 Over The Past 15 Years In This Stock, Here's How Much You Would Have Today

Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 15 years by 10.07% on an annualized basis.

Buying $100 In GOOGL: 15 years ago, an investor could have purchased 0.44 shares of Alphabet at the time with $100. This investment in GOOGL would have produced an average annual return of 18.32%. Currently, Alphabet has a market capitalization of $1.92 trillion.

Alphabet's Share Price Over Last 15 Years

This $100 investment would be worth $1,251.70 today based on a price of $2888.90 for GOOGL at the time of writing. In other words, you would have more than 12X'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.

You can check out Benzinga's market data in an enhanced view on Benzinga Pro

This article was generated by Benzinga's automated content engine and reviewed by an editor.