Baidu (NASDAQ:BIDU) has outperformed the market over the past 15 years by 3.2% on an annualized basis producing an average annual return of 15.59%. Currently, Baidu has a market capitalization of $33.46 billion.
Buying $1000 In BIDU: If an investor had bought $1000 of BIDU stock 15 years ago, it would be worth $8,995.76 today based on a price of $95.43 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.