BlackRock (NYSE:BLK) has outperformed the market over the past 20 years by 1.77% on an annualized basis producing an average annual return of 11.06%. Currently, BlackRock has a market capitalization of $167.34 billion.
Buying $1000 In BLK: If an investor had bought $1000 of BLK stock 20 years ago, it would be worth $8,276.47 today based on a price of $1078.00 for BLK at the time of writing.
BlackRock'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.
Login to comment