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$1000 Invested In Lam Research 15 Years Ago Would Be Worth This Much Today

Author: Benzinga Insights | April 02, 2024 05:30pm

Lam Research (NASDAQ:LRCX) has outperformed the market over the past 15 years by 14.88% on an annualized basis producing an average annual return of 27.92%. Currently, Lam Research has a market capitalization of $126.82 billion.

Buying $1000 In LRCX: If an investor had bought $1000 of LRCX stock 15 years ago, it would be worth $41,145.47 today based on a price of $967.33 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.

Posted In: LRCX


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