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Benzinga
Benzinga
Business
Benzinga Insights

$1000 Invested In This Stock 20 Years Ago, Would Be Worth This Much

Royal Caribbean Gr (NYSE:RCL) has outperformed the market over the past 20 years by 1.34% on an annualized basis.

Buying $1,000 In RCL: 20 years ago, an investor could have purchased 61.27 shares of Royal Caribbean Gr at the time with $1,000. This investment in RCL would have produced an average annual return of 8.79%. Currently, Royal Caribbean Gr has a market capitalization of $22.44 billion.

Royal Caribbean Gr's Share Price Over Last 20 Years

This $1,000 investment would be worth $5,395.22 today based on a price of $88.07 for RCL 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.

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.

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