If You Invested $1000 In This Stock 20 Years Ago, You Would Have $9,000 Today
Portfolio Pulse from Benzinga Insights
KLA (NASDAQ:KLAC) has outperformed the market over the past 20 years, producing an average annual return of 11.61%. If an investor had bought $1000 of KLAC stock 20 years ago, it would be worth $8,978.37 today. The company currently has a market capitalization of $62.08 billion.
July 11, 2023 | 5:01 pm
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KLA has shown strong performance over the past 20 years, with an average annual return of 11.61%. This historical performance may attract investors looking for long-term investments.
The news highlights the strong historical performance of KLA, which has outperformed the market over the past 20 years. This could potentially attract more investors to the stock, driving up demand and potentially leading to a short-term increase in the stock price.
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IMPORTANCE 80
RELEVANCE 100