Micron Technology (NASDAQ:MU) has outperformed the market over the past 20 years by 3.31% on an annualized basis producing an average annual return of 11.51%. Currently, Micron Technology has a market capitalization of $114.06 billion.

Buying $1000 In MU: If an investor had bought $1000 of MU stock 20 years ago, it would be worth $8,944.35 today based on a price of $102.86 for MU at the time of writing.

Micron Technology'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.