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$1000 Invested In This Stock 20 Years Ago Would Be Worth $19,000 Today

Published 28/03/2024, 21:30
© Reuters. $1000 Invested In This Stock 20 Years Ago Would Be Worth $19,000 Today
ACGL
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Benzinga - by Benzinga Insights, Benzinga Staff Writer.

Arch Capital Group (NASDAQ:ACGL) has outperformed the market over the past 20 years by 8.16% on an annualized basis producing an average annual return of 16.03%. Currently, Arch Capital Group has a market capitalization of $34.59 billion.

Buying $1000 In ACGL: If an investor had bought $1000 of ACGL stock 20 years ago, it would be worth $19,365.92 today based on a price of $92.44 for ACGL at the time of writing.

Arch Capital Group'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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