Black stone BX it has outperformed the market over the past 5 years by 16.08% on an annualized basis, producing an average annual return of 28.14%. Currently, Blackstone has a market capitalization of $95.00 billion.
Buy $1000 in BX: If an investor had purchased $1000 worth of BX stock 5 years ago, it would be worth it $3,479.74 today based on a price of $126.11 for BX at the time of this writing.
Blackstone’s performance over the last 5 years
Finally: what is the purpose of all this? The key insight to take away from this article is to note how much of a difference compound returns can make in 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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