Applied Materials (NASDAQ:AMAT) has outperformed the market over the past 10 years by 14.23% on an annualized basis.
Buying $100 In AMAT: 10 years ago, an investor could have purchased 8.26 shares of Applied Materials at the time with $100. This investment in AMAT would have produced an average annual return of 26.36%. Currently, Applied Materials has a market capitalization of $111.72 billion.
Applied Materials's Share Price Over Last 10 Years
If you had invested $100 in Applied Materials you would have approximately $1,045.12 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.