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$1000 Invested In This Stock 10 Years Ago Would Be Worth $4,000 Today

Albemarle (NYSE:ALB) has outperformed the market over the past 10 years by 3.61% on an annualized basis producing an average annual return of 14.76%. Currently, Albemarle has a market capitalization of $27.01 billion.

Benzinga · 07/27/2022 13:30

Albemarle (NYSE:ALB) has outperformed the market over the past 10 years by 3.61% on an annualized basis producing an average annual return of 14.76%. Currently, Albemarle has a market capitalization of $27.01 billion.

Buying $1000 In ALB: If an investor had bought $1000 of ALB stock 10 years ago, it would be worth $3,962.04 today based on a price of $230.68 for ALB at the time of writing.

Albemarle's Performance Over Last 10 Years

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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.