$4 Trillion Market Cap: Alphabet Stock's 15-Year Bull Run
Alphabet, the parent company of Google, has outperformed the market over the past 15 years by an impressive margin. According to data, the stock has generated an average annual return of 24.62%, which is significantly higher than the market's performance during the same period.
The current market capitalization of Alphabet stands at a staggering $4.17 trillion, making it one of the largest companies in the world.
If an investor had purchased $100 worth of GOOGL stock 15 years ago, it would be worth approximately $2,749.76 today, based on the current price of $340.97 per share.