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Here's How Much $1000 Invested In BlackRock 15 Years Ago Would Be Worth Today

Published 23/01/2024, 17:02
© Reuters. Here's How Much $1000 Invested In BlackRock 15 Years Ago Would Be Worth Today
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Benzinga - by Benzinga Insights, Benzinga Staff Writer.

BlackRock (NYSE:BLK) has outperformed the market over the past 15 years by 1.36% on an annualized basis producing an average annual return of 13.44%. Currently, BlackRock has a market capitalization of $117.91 billion.

Buying $1000 In BLK: If an investor had bought $1000 of BLK stock 15 years ago, it would be worth $7,304.59 today based on a price of $794.02 for BLK at the time of writing.

BlackRock'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.

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

Read the original article on Benzinga

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