If you'd put $1,000 into Apple stock 20 years ago, here's what you'd have today
A study from an ASU finance expert shows Apple stock created over $2 trillion in shareholder wealth over 30 years.
In this story published March 7, 2023, in Kiplinger:
Indeed, per Bessembinder's findings, which account for a stock's increase in market value adjusted for cash flows in and out of the business and other adjustments, Apple is one of the 30 best stocks of the past 30 years.
– Hendrick Bessembinder, professor of finance and Francis J. and Mary B. Labriola Chair in Competitive Business
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