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If You Invested $100 In This Stock 10 Years Ago, You Would Have $300 Today

Published 03/04/2024, 22:30
Updated 03/04/2024, 23:40
© Reuters.  If You Invested $100 In This Stock 10 Years Ago, You Would Have $300 Today
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Benzinga - by Benzinga Insights, Benzinga Staff Writer.

Allstate (NYSE:ALL) has outperformed the market over the past 10 years by 1.12% on an annualized basis producing an average annual return of 11.99%. Currently, Allstate has a market capitalization of $45.74 billion.

Buying $100 In ALL: If an investor had bought $100 of ALL stock 10 years ago, it would be worth $311.07 today based on a price of $173.42 for ALL at the time of writing.

Allstate's Performance Over Last 10 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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