Here's How Much $100 Invested In Lam Research 5 Years Ago Would Be Worth Today
Lam Research (NASDAQ:LRCX) has outperformed the market over the past 5 years by 9.62% on an annualized basis producing an average annual return of 24.17%. Currently, Lam Research has a market capitalization of $127.30 billion.
Buying $100 In LRCX: If an investor had bought $100 of LRCX stock 5 years ago, it would be worth $292.72 today based on a price of $99.52 for LRCX at the time of writing.
Lam Research's Performance Over Last 5 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.
Posted-In: BZI-PODNews Trading Ideas