$1000 Invested In This Stock 15 Years Ago Would Be Worth $14,000 Today

Applied Mat AMAT has outperformed the market over the past 15 years by 7.31% on an annualized basis producing an average annual return of 18.9%. Currently, Applied Mat has a market capitalization of $149.49 billion.

Buying $1000 In AMAT: If an investor had bought $1000 of AMAT stock 15 years ago, it would be worth $13,866.11 today based on a price of $180.55 for AMAT at the time of writing.

Applied Mat'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.