Here's How Much $1000 Invested In Lam Research 20 Years Ago Would Be Worth Today
Benzinga Insights 4 hours ago
Trading IdeasNews
Lam Research (NASDAQ:LRCX) has outperformed the market over the past 20 years by 11.51% on an annualized basis producing an average annual return of 20.26%. Currently, Lam Research has a market capitalization of $250.84
Lam Research (NASDAQ:LRCX) has outperformed the market over the past 20 years by 11.51% on an annualized basis producing an average annual return of 20.26%. Currently, Lam Research has a market capitalization of $250.84 billion.
Buying $1000 In LRCX: If an investor had bought $1000 of LRCX stock 20 years ago, it would be worth $39,868.25 today based on a price of $218.19 for LRCX at the time of writing.
Lam Research’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.