If You Invested $1000 In This Stock 15 Years Ago, You Would Have $6,800 Today
Allstate (NYSE:ALL) has outperformed the market over the past 15 years by 1.02% on an annualized basis producing an average annual return of 13.57%. Currently, Allstate has a market capitalization of $44.61 billion.
Buying $1000 In ALL: If an investor had bought $1000 of ALL stock 15 years ago, it would be worth $6,848.46 today based on a price of $169.02 for ALL at the time of writing.
Allstate's Performance Over Last 15 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.