Coming Soon: Federal QR Codes?

Thanks to a major overhaul of the US banking system taking place today, a QR code just like this one could soon be mandatory for millions of Americans and it has the backing of the White House, Federal Reserve and Treasury. What changes do these powerful organizations have planned for your money?

Here's How Much $1000 Invested In Albemarle 10 Years Ago Would Be Worth Today

Benzinga Insights
August 12, 2022

 

Albemarle (NYSE:ALB) has outperformed the market over the past 10 years by 4.79% on an annualized basis producing an average annual return of 16.35%. Currently, Albemarle has a market capitalization of $32.60 billion.

Buying $1000 In ALB: If an investor had bought $1000 of ALB stock 10 years ago, it would be worth $4,572.91 today based on a price of $278.35 for ALB at the time of writing.

Albemarle's Performance Over Last 10 Years

comp_fig

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.

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