$1000 Invested In This Stock 5 Years Ago Would Be Worth $5700 Today – Lam Research (NASDAQ:LRCX) – Benzinga
Lam Research LRCX has outperformed the market over the past 5 years by 28.76% on an annualized basis producing an average annual return of 41.47%. Currently, Lam Research has a market capitalization of $136.04 billion.
Buying $1000 In LRCX: If an investor had bought $1000 of LRCX stock 5 years ago, it would be worth $5,665.98 today based on a price of $1040.50 for LRCX at the time of writing.
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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