Applied Materials (NASDAQ:AMAT) has outperformed the market over the past 20 years by 1.49% on an annualized basis producing an average annual return of 8.19%. Currently, Applied Materials has a market capitalization of $94.59 billion.
Buying $1000 In AMAT: If an investor had bought $1000 of AMAT stock 20 years ago, it would be worth $4,739.71 today based on a price of $107.07 for AMAT at the time of writing.
Applied Materials's Performance Over Last 20 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.
