Lam Research (NASDAQ:LRCX) has outperformed the market over the past 15 years by 9.12% on an annualized basis producing an average annual return of 15.33%. Currently, Lam Research has a market capitalization of $62.26 billion.
Buying $1000 In LRCX: If an investor had bought $1000 of LRCX stock 15 years ago, it would be worth $8,415.60 today based on a price of $448.85 for LRCX at the time of writing.
Lam Research's Performance Over Last 15 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.
