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If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,200 Today

Published 26/06/2024, 16:31
If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,200 Today
GS
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Benzinga - by Benzinga Insights, Benzinga Staff Writer.

Goldman Sachs Gr (NYSE:GS) has outperformed the market over the past 5 years by 4.34% on an annualized basis producing an average annual return of 17.23%. Currently, Goldman Sachs Gr has a market capitalization of $147.08 billion.

Buying $1000 In GS: If an investor had bought $1000 of GS stock 5 years ago, it would be worth $2,204.87 today based on a price of $456.10 for GS at the time of writing.

Goldman Sachs Gr's Performance Over Last 5 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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