If You Invested $1,000 In This Stock 15 Years Ago, You’d Have This Much Today – Lam Research (NASDAQ: LRCX)

Pan-forest research LRCX The annualized performance over the past 15 years has outperformed the market by 11.29%, with an average annual return rate of 23.25%. Currently, Lam Research has a market capitalization of $103.26 billion.

Buy $1000 LRCX: If an investor purchased $1,000 of LRCX stock 15 years ago, its value would be $23,417.91 USD The price of LRCX today based on the time of writing is $80.25.

Lam Research’s performance over the past 15 years

Finally – what’s the point of all this? The key insight from this article is to note how much impact compounding returns can have on your cash growth over time.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.