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Micron Technology (NASDAQ:MU) has outperformed the market over the past 5 years by 8.19% on an annualized basis producing an average annual return of 22.17%. Currently, Micron Technology has a market capitalization of $88.08 billion.
Buying $100 In MU: If an investor had bought $100 of MU stock 5 years ago, it would be worth $271.49 today based on a price of $78.66 for MU at the time of writing.
Micron Technology's Performance Over Last 5 Years
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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.