If You Invested $100 In This Stock 10 Years Ago, You Would Have $1,400 Today

If You Invested $100 In This Stock 10 Years Ago, You Would Have $1,400 Today

 

Lam Research LRCX has outperformed the market over the past 10 years by 18.56% on an annualized basis producing an average annual return of 30.18%. Currently, Lam Research has a market capitalization of $67.25 billion.

Buying $100 In LRCX: If an investor had bought $100 of LRCX stock 10 years ago, it would be worth $1,393.64 today based on a price of $490.98 for LRCX at the time of writing.

Lam Research's Performance Over Last 10 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.

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