Albemarle ALB has outperformed the market over the past 20 years by 8.13% on an annualized basis producing an average annual return of 15.74%. Currently, Albemarle has a market capitalization of $33.26 billion.
Buying $100 In ALB: If an investor had bought $100 of ALB stock 20 years ago, it would be worth $1,822.21 today based on a price of $283.88 for ALB at the time of writing.
Albemarle’s Performance Over Last 20 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.