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Here's How Much You Would Have Made Owning Charles Schwab Stock In The Last 20 Years

Published 20/05/2024, 18:00
Here's How Much You Would Have Made Owning Charles Schwab Stock In The Last 20 Years
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 2.98% on an annualized basis producing an average annual return of 11.03%. Currently, Charles Schwab has a market capitalization of $144.41 billion.

Buying $1000 In SCHW: If an investor had bought $1000 of SCHW stock 20 years ago, it would be worth $8,236.70 today based on a price of $78.99 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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