Lam Research (NASDAQ:LRCX) has outperformed the market over the past 5 years by 17.93% on an annualized basis.
Buying $1,000 In LRCX: 5 years ago, an investor could have purchased 7.94 shares of Lam Research at the time with $1,000. This investment in LRCX would have produced an average annual return of 29.88%. Currently, Lam Research has a market capitalization of $65.21 billion.
Lam Research's Share Price Over Last 5 Years
This $1,000 investment would be worth $3,710.88 today based on a price of $467.46 for LRCX at the time of writing.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
