5:30 PM EDT, May 20, 2024 (Benzinga Newswire)
Blackstone (NYSE:BX) has outperformed the market over the past 5 years by 11.93% on an annualized basis producing an average annual return of 25.32%. Currently, Blackstone has a market capitalization of $94.64 billion.
Buying $1000 In BX: If an investor had bought $1000 of BX stock 5 years ago, it would be worth $3,053.95 today based on a price of $125.92 for BX at the time of writing.
Blackstone's Performance Over Last 5 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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