$1000 Invested In This Stock 20 Years Ago Would Be Worth $7,500 Today

Applied Mat AMAT has outperformed the market over the past 20 years by 3.34% on an annualized basis producing an average annual return of 10.89%. Currently, Applied Mat has a market capitalization of $90.35 billion.

Buying $1000 In AMAT: If an investor had bought $1000 of AMAT stock 20 years ago, it would be worth $7,463.88 today based on a price of $107.03 for AMAT at the time of writing.

Applied Mat's Performance Over Last 20 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.