Lam Research (NASDAQ:LRCX) has outperformed the market over the past 15 years by 13.89% on an annualized basis producing an average annual return of 23.76%. Currently, Lam Research has a market capitalization of $84.19 billion.

Buying $1000 In LRCX: If an investor had bought $1000 of LRCX stock 15 years ago, it would be worth $23,995.43 today based on a price of $636.70 for LRCX at the time of writing.

Lam Research'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.