Micron Technology (NASDAQ:MU) has outperformed the market over the past 15 years by 29.34% on an annualized basis producing an average annual return of 42.6%. Currently, Micron Technology has a market capitalization of $1.20 trillion.
Buying $1000 In MU: If an investor had bought $1000 of MU stock 15 years ago, it would be worth $204,925.96 today based on a price of $1065.62 for MU at the time of writing.
Micron Technology’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.
Login to comment