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and Heres how much a $1,000 investment in Googles IPO would be worth today!
Is it time toadd some of these outperformers to your portfolio?
Heres what you better know.
Of course, past returns are no indication of future returns.
Apple
Apple (AAPL) began trading at $22 per share in 1980.
It began its stratospheric rise almost immediately and gained 35.93% on a single day in 1987.
But the tech giant didnt stay down for long.
Those who bought at its lowest point and have held it have enjoyed an annualized return of 35.79%.
A $1,000 investment in July 2022 would be worth $838,194 today.
Amazon
Amazon (AMZN) stock opened at $18.00 per share on May 15, 1997.
After adjusting for subsequent splits, the price is equivalent to $0.075.
Other tech giants have also done well to date but have run into difficulties as of late.
Tesla
Tesla (TSLA) stock was priced at $17 for its IPO in 2010.
After adjusting for splits, the price would be $1.13.
Today, a $1,000 investment in Tesla at the IPO price would be worth about $148,000 today.
The investing adage that past performance is not indicative of future returns is certainly true of these high-performing stocks.
As with any other investment, doing your due diligence.
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