• Fri. Oct 7th, 2022

If You Invested $100 In This Stock 20 Years Ago, You Would Have $700 Today

ByBenzinga Insights

Aug 4, 2022
If You Invested $100 In This Stock 20 Years Ago, You Would Have $700 Today

PT Telkom Indonesia TLK has outperformed the market over the past 20 years by 2.39% on an annualized basis producing an average annual return of 10.39%. Currently, PT Telkom Indonesia has a market capitalization of $29.86 billion.

Buying $100 In TLK: If an investor had bought $100 of TLK stock 20 years ago, it would be worth $725.58 today based on a price of $29.92 for TLK at the time of writing.

PT Telkom Indonesia’s Performance Over Last 20 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.



Image and article originally from www.benzinga.com. Read the original article here.