share_log

If You Invested $100 In This Stock 15 Years Ago, You Would Have $3,500 Today

Benzinga ·  May 14 05:00

Lam Research (NASDAQ:LRCX) has outperformed the market over the past 15 years by 14.29% on an annualized basis producing an average annual return of 26.62%. Currently, Lam Research has a market capitalization of $118.16 billion.

Buying $100 In LRCX: If an investor had bought $100 of LRCX stock 15 years ago, it would be worth $3,513.96 today based on a price of $903.79 for LRCX at the time of writing.

Lam Research's Performance Over Last 15 Years

comp_fig

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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment