Wednesday, August 24, 2016

Beating Google

It was 12 years ago this month the Google (now known as Alphabet) had its IPO.  Since that IPO 12 years ago, Google has gained 1,781 percent, compared to a gain of 99 percent for the S&P 500.

Surprisingly enough, that's not the best stock performance over that period. In fact, there are ten current members of the S&P 500 that are up more than Google since the date of its IPO.  Leading the way higher, shares of Monster Beverage are up over 11,000 percent.  Priceline and Illumina are both up triple Google’s gain. 

Regeneron, Apple, and Netflix are all up over 4,000 percent in that time frame.  Overall, there are 23 current members of the S&P 500 that are up more than 1,000 percent since the Google IPO.

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