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$100 Invested In This Stock 20 Years Ago Would Be Worth $700 Today

Published 19/04/2024, 19:01
© Reuters. $100 Invested In This Stock 20 Years Ago Would Be Worth $700 Today
SCHW
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Benzinga - by Benzinga Insights, Benzinga Staff Writer.

Charles Schwab (NYSE:SCHW) has outperformed the market over the past 20 years by 2.45% on an annualized basis producing an average annual return of 10.07%. Currently, Charles Schwab has a market capitalization of $134.44 billion.

Buying $100 In SCHW: If an investor had bought $100 of SCHW stock 20 years ago, it would be worth $676.33 today based on a price of $73.58 for SCHW at the time of writing.

Charles Schwab'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.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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