GOOGL - If You'd Invested $1000 in Alphabet 5 Years Ago Here's How Much You'd Have Today
2024-04-25 06:20:00 ET
Including dividends, the Nasdaq Composite Index has produced a total return of 103% (as of April 19) in the past five years. This means your capital would have effectively doubled, which is a fantastic gain.
But you should know that Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) , one of world's dominant internet firms, has significantly exceeded that benchmark's gain. If you had invested $1,000 in this " Magnificent Seven " stock five years ago, you'd have more than $2,500 today. That's a stellar 151% return.
Let's look closer at Alphabet.
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If You'd Invested $1,000 in Alphabet 5 Years Ago, Here's How Much You'd Have Today