Baidu BIDU has outperformed the market over the past 15 years by 11.53% on an annualized basis producing an average annual return of 18.36%. Currently, Baidu has a market capitalization of $47.58 billion.
Buying $1000 In BIDU: If an investor had bought $1000 of BIDU stock 15 years ago, it would be worth $12,693.25 today based on a price of $137.69 for BIDU at the time of writing.
Baidu’s Performance Over Last 15 Years
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.
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