Could Investing $10,000 in Alphabet Today Make You a Millionaire?
The company’s market-beating days may not be over.
Overview
If you had invested $10,000 in Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) shortly after its IPO in 2004, your initial investment would be worth over $1 million today. Few corporations are capable of delivering such returns over just 22 years. That naturally leads to the following question: Can Alphabet pull it off again?
After all, when it first went public, the tech giant was worth a mere fraction of its current $4.2 trillion market cap, so it’s hard to see the company post similar returns from here on out. But there are also good arguments in favor of Alphabet once again crushing the market over the next two decades.
Image source: The Motley Fool.
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Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.