If You Invested $1000 in Alphabet at the Market Bottom, Now It Would Be Worth $7250

One of the most difficult aspects of trading is timing the market. Odds are if you have been in the market over the past nine years, most likely you made some money. This bull market began in March of 2009, and 24/7 Wall St. is looking back to see how some major blue chip stocks compared to the broad markets over this time.

Back on March 6, 2009, the S&P 500 bottomed out at 666.79, and from there began perhaps the biggest bull market of the modern era. At the most recent close, the S&P 500 was at 2,747.30, more than quadrupling its bottom nearly nine years ago.

So how does Alphabet Inc. (NASDAQ: GOOGL) compare to the markets over the past nine years?

On an adjusted close basis, Alphabet closed March 6, 2009, at $154.44 a share. Alphabet most recently closed at $1,117.51 on an adjusted basis.

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Looking at the numbers here, we can see that Alphabet’s growth over this period more than outpaced the broad markets, with shares gaining roughly 625%. If you had invested $1,000 in Alphabet back then, you would have $7,235.88 as of Tuesday’s close.

Over the past 52 weeks, Alphabet has outperformed the broad markets, with its shares up about 31%. In just 2018 alone, the search giant is up nearly 6%.

Shares of Alphabet were last seen trading near $1,125, with a consensus analyst price target of $1,280.93 and a 52-week range of $824.30 to $1,198.00.

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