Albemarle (NYSE:ALB) has outperformed the market over the past 15 years by 3.23% on an annualized basis.
Buying $1,000 In ALB: 15 years ago, an investor could have purchased 24.41 shares of Albemarle at the time with $1,000. This investment in ALB would have produced an average annual return of 10.93%. Currently, Albemarle has a market capitalization of $22.58 billion.
Albemarle's Share Price Over Last 15 Years
If you had invested $1,000 in Albemarle you would have approximately $4,710.52 today.
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.
