If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,100 Today

Applied Materials AMAT has outperformed the market over the past 5 years by 8.2% on an annualized basis producing an average annual return of 16.28%. Currently, Applied Materials has a market capitalization of $92.24 billion.

Buying $1000 In AMAT: If an investor had bought $1000 of AMAT stock 5 years ago, it would be worth $2,078.65 today based on a price of $107.22 for AMAT at the time of writing.

Applied Materials'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.