share_log

$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,400 Today

Benzinga ·  May 17 11:30

Goldman Sachs Gr (NYSE:GS) has outperformed the market over the past 5 years by 5.54% on an annualized basis producing an average annual return of 18.58%. Currently, Goldman Sachs Gr has a market capitalization of $150.56 billion.

Buying $1000 In GS: If an investor had bought $1000 of GS stock 5 years ago, it would be worth $2,367.17 today based on a price of $466.90 for GS at the time of writing.

Goldman Sachs Gr's Performance Over Last 5 Years

comp_fig

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment