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Baidu BIDU has outperformed the market over the past 15 years by 6.39% on an annualized basis producing an average annual return of 12.45%. Currently, Baidu has a market capitalization of $35.14 billion.
Buying $1000 In BIDU: If an investor had bought $1000 of BIDU stock 15 years ago, it would be worth $6,430.78 today based on a price of $101.69 for BIDU at the time of writing.
Baidu’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.
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Image and article originally from www.benzinga.com. Read the original article here.