Applied Materials (NASDAQ:AMAT) has outperformed the market over the past 10 years by 13.64% on an annualized basis producing an average annual return of 26.04%. Currently, Applied Materials has a market capitalization of $102.68 billion.
Buying $100 In AMAT: If an investor had bought $100 of AMAT stock 10 years ago, it would be worth $1,003.71 today based on a price of $116.24 for AMAT at the time of writing.
Applied Materials's Performance Over Last 10 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.
