Micron Technology (NASDAQ:MU) has outperformed the market over the past 5 years by 18.11% on an annualized basis.
Buying $100 In MU: 5 years ago, an investor could have purchased 4.21 shares of Micron Technology at the time with $100. This investment in MU would have produced an average annual return of 30.68%. Currently, Micron Technology has a market capitalization of $100.04 billion.
Micron Technology's Share Price Over Last 5 Years
If you had invested $100 in Micron Technology you would have approximately $375.97 today.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.